MEST Africa Challenge has announced the top five finalists going into the final stage of the 2022 MEST Africa Challenge pitch competition.
The startups that will compete in the 2022 MEST Africa Challenge pitch competition are Sproutly (Nigeria), Kweli (Senegal), Swoove (Ghana), Hisa (Kenya), and Desert Green Africa (South Africa).
Applications for the pre-seed and seed-stage technology startups in Ghana, Nigeria, Senegal, Kenya, and South Africa were made available in July of this year in order to compete for the $50,000 grand prize.
These 5 finalists have been chosen for the final pitch after passing the competition’s online application, regional pitches, and founder interviews phases. Each startup will represent its nation at the Demo Day and Final Pitch Competition, which will be held in Accra, Ghana, in December 2022.
Speaking on the selection of the top 5 startups, the Director of Portfolio at MEST Africa, Melissa Nsiah, said:
“It hasn’t been an easy process. Mostly because, this year, we saw so many valid business models and met some incredible founders with huge visions that align very closely with ours. But in the final analysis, we were able to zero in on the cream of the crop to select the top 5 companies from Ghana, Nigeria, Kenya, Senegal and South Africa in alignment with this year’s selection criteria. Our team is eager to work closely with each of the 5 finalists in preparation towards the final competition day in December.”
Here are details of the startups who have made it in the 2022 MEST Africa Challenge:
- Sproutly Inc (Nigeria): Digital Banking, Tuition Financing for Teens & Students and Payments, Education Management and Credits for Schools. Learn more https://sproutlyhq.com/
- Kwely Inc (Senegal): An innovative made-in-Africa B2B brand incubation and digital distribution platform.
- Swoove Inc (Ghana): Swoove is the last mile delivery and fulfillment tech startup building e-commerce infrastructure for SMEs and commerce companies on the continent. Learn more https://www.swoove.delivery
- Hisa Inc (Kenya): Building the tech infrastructure for investing in Africa. Learn more: https://hisa.co/
- Desert Green Africa Agri-Investments (South Africa): Desert Green is an Agritech transforming the Informal Agri-value chain in Africa by providing more efficient delivery of Fresh produce from small-scale farmers to informal traders. Learn more www.desertgreen.co.za
MEST will provide the winning startup with investment capital to the amount of $50,000, coaching and access to a global network of resources and partners as they build and scale successful businesses that add value to African economies and livelihoods.
All participating startups will have the opportunity to benefit from a host of exciting perks from MEST Africa and its strategic partners, including global visibility, building their networks, professional coaching, mentorship from experts, and the opportunity to join the global MEST community for lifetime benefits.
About the 2022 MEST Africa Challenge
In its fourth year, MAC 2022 is a call for technology startups in 5 African markets – Ghana, Nigeria, Kenya, Senegal, and South Africa to vie for the ultimate prize of USD 50,000 in equity investment. Finalists will gain exclusive access to the MEST Community, including expert business coaches and mentors, global investors, and a wide selection of perk prizes and packages contributed by MEST partners across the continent. Finalists from each country will attend the MEST Africa Demo Day in Accra, Ghana, on December 1st, 2022, where they will once again compete on a global stage for up to $50,000 in equity investment and the opportunity to join the MEST Portfolio and global community.
The competition has received thousands of applications from around the continent since its inception. It has spotlighted and impacted the growth of winning startups such as Tanzania’s Kilimo Fresh, Ghana’s OZE, South Africa’s Snode Technologies, Kenya’s Waya Waya, and Nigeria’s Accounteer.
About MEST Africa:
MEST is a pan-African software and entrepreneurship training program, seed fund, and incubator helping to launch technology startups across the continent. Founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a 12-month program that provides critical skills training in software development, business, and communications to Africa’s burgeoning tech talent. MEST provides seed funding for the best ideas coming out of the program and continues to support the growth and development of its portfolio companies.
MEST has trained 1000s of entrepreneurs from across the continent and invested in over 80 startups across industries from Agritech, Fintech, SaaS, eCommerce, Digital Media, and Healthcare, amongst others. MEST is fully funded by the Meltwater Foundation, the non-profit arm of the Norwegian company Meltwater, a global leader in social and media intelligence headquartered in San Francisco. Learn more at www.meltwater.org