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Innovative SME consultancy services helping small businesses grow and succeed, featuring expert advice, strategic planning, and tailored solutions for entrepreneurial success.
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  • Industry & Policy
 Here are the 4 Startups Competing for $50,000 at MEST Africa Challenge
Startups

Here are the 4 Startups Competing for $50,000 at MEST Africa Challenge

by Grace Akinosun May 17, 2018 3 min read

After emerging winners at the recently concluded MEST’s regional competition for its inauguaral MEST Africa Challenge, 4 startups from Ghana, Kenya, South Africa and Nigeria will be pitching for the overall prize of $50,000 equity investment. When the Nigerian regional competition held at the MEST Lagos Incubator in April, Accounteer, an online accounting software for SMEs emerged winner from 8 promising startups.

The MEST Africa Challenge is a Pan-African competition, looking to find the continent’s most exciting tech startups that are ready to scale into new markets. The winner is expected to get $50,000 in equity investment, as well as a home in any of Mest incubators in the principal cities (Accra, Lagos, Nairobi and Cape Town). This year’s event was targeted at Accra, Lagos, Nairobi and Cape Town.

Following this feat, Accounteer, alongside three other startups, who won at the regional pitch competitions will proceed to compete for the grand prize of $50,000 in equity funding. According the Aaron Fu, MEST’s Managing Director, these 4 startups have demonstrated potential for global success.

They’ve also shown they have the potential to be successful abroad. We’re excited to continue the conversation in Cape Town around how they can effectively scale, and how we can continue to support them as they grow.

The four winners of the MEST’s regional challenge are:

Cowtribe (Ghane): an on-demand and subscription USSD-based service, connecting livestock farmers with veterinarians, and delivers animal vaccines and other livestock services to farmers.

Accounteer (Nigeria): a cloud accounting platform offering payroll management software for African SMEs

Data Integrated (Kenya): a fintech startup that offers end-to-end enterprise payment solutions for African SMEs.

swiftVEE (South AFrica): a livestock and agricultural trading platform based in Cape Town.

We say congratulations to these victors as they proceed to South Africa for the final pitching round, this June.


Featured Image Credit: Disrupt Africa

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Tags: MEST MEST Africa Challenge
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