DocumentClosedjunk
Cape Town and Western Cape Tourism, Trade and Investment Promotion Agency junk
Cape Town and Western Cape Tourism, Trade and Investment Promotion AgencyRef: https://www.wesgro.co.za/corporate/news/2026/cape-town-reclaims-top-spot-as-south-africas-leading-startup-ecosystem
Official source
Source domain: wesgro.co.za
Collected on 28 June 2026
Always confirm details on the official source before acting.
What this means
This is a news article published by Wesgro (Cape Town and the Western Cape’s official tourism, trade and investment promotion agency). It reports that Cape Town has reclaimed the top position in South Africa’s startup ecosystem, according to the Global Startup Ecosystem Index 2026 by StartupBlink, citing 39% year-on-year growth and a global ranking of 114th. The article also highlights related investment and ecosystem developments (including Stitch’s USD 55 million Series B funding) and includes comments from Wesgro’s CEO, a Western Cape provincial minister, and the City of Cape Town’s Alderman James Vos.
Facts
Places
City of Cape Town, Western Cape
Reference
https://www.wesgro.co.za/corporate/news/2026/cape-town-reclaims-top-spot-as-south-africas-leading-startup-ecosystem
Key Takeaways
- Publication date: 05 June 2026
- Source index: Global Startup Ecosystem Index 2026 (StartupBlink)
- Cape Town ecosystem growth: 39% year-on-year
- Cape Town global rank: 114th (up 24 places)
- Africa ranking: third-highest ranked startup ecosystem in Africa
- Stitch funding: USD 55 million Series B
- Stitch acquisitions: ExiPay and Efficacy Payments
- Clean Energy ranking: South Africa ranked 12th globally (StartupBlink report)
- Wesgro CEO quoted: Wrenelle Stander
- Western Cape Minister quoted: Dr Ivan Meyer (Agriculture, Economic Development and Tourism)
- City of Cape Town official quoted: Alderman James Vos
- Wesgro
- StartupBlink
- Cape Town
- Western Cape Government
- City of Cape Town
- Wrenelle Stander
- Dr Ivan Meyer
- Alderman James Vos
- Stitch
- ExiPay
- Efficacy Payments
- UVU Africa