20 Fastest Growing Tech Cities in the World

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17. Cape Town

Cape Town is not only home to a scenic landscape but also to the largest financial institutions of the country. Startups are now taking advantage of the wide availability of the financial services in the city to expand their operations and services. As per the data by Invest Cape Town, around 60% of the South African startups are situated in Cape Town. However, venture capital investment is on the rise as well, in particular, it grew by 147% from 2016-2019. Thus, making Cape Town a popular choice among the tech companies.

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