MEST is an African know-how hub headquartered in Ghana and it’s primarily funded by Meltwater Basis based by Norwegian philanthropist Jom Lyseggen. MEST was based in 2008 as an incubator hub for coaching and funding early-stage startups in Africa. For now, it has incubation hubs in Nigeria, Ghana, South Africa and Kenya with intentions of increasing to Cote d’Ivoire.
MEST takes fairness in its startup’s portfolio they usually have incubation help from the tech hub for 18 months in addition to an choice to work out of its incubators throughout totally different African areas. MEST is trying to transcend seed-stage investments to kind a VC fund for collection stage rounds to African startup.
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Moreover, the recipients of the seed fund are from Ghana, South Africa. Nigeria and Kenya. These startups cowl a variety of sectors from leisure, fin-tech, agriculture to magnificence providers. Listed here are the startups that graduated from MEST’s incubator program with $100, 000 seed fund:
Zuri is a Nigerian startup that makes a speciality of offering a platform for customers to search out and guide magnificence providers.
An leisure platform for connecting verified music studios to producers. Additionally, producers will have the ability to a profile for artists to search out them and handle bookings.
It’s a cell cash and ticketing service based mostly in Kenya for rising information assortment and digital gross sales.
A Ghanian startup centered on making a dialog about black pores and skin and black skincare harnessing the ability of neighborhood and know-how.
A startup from Kenya that gives an automatic customized healthcare companion that can provide fast medical consideration and prescription.
A South African startup that can create a platform for native retailers to order merchandise at the most effective worth and obtain supply of their shops.
This can be a internet and USSD platform to create a direct connection between farmers and companies launching in Kenya.
Niqao is a startup that connects retailers and lenders along with the intention of providing items to prospects for installmental fee.
It’s a Nigerian startup that makes a speciality of crowd-sourcing funds for the event of buildings utilizing time -saving and cost-efficient methods.
A social help and healthcare community for Girls in Ghana.
A digital financial savings platform for conventional financial savings teams, launching in Ghana.
Credit score: Techcrunch