The startups are Sproutly (Nigeria), Kweli (Senegal), Swoove (Ghana), Hisa (Kenya) and Desert Green Africa (South Africa).
The pan-African pitch competition opened applications in July this year for pre-seed and seed-stage technology start-ups in Ghana, Nigeria, Senegal, Kenya, and South Africa to bid for the ultimate prize of $50,000.
After going through the online application, regional pitches, and founder interview phases of the competition, these 5 finalists have been selected for the final pitch. Each startup will represent their country at the Demo Day and Final Pitch Competition that will be held in Accra Ghana in December 2022.
“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.” Director of Portfolio at MEST Africa, Melissa Nsiah said.
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 in the 2022 MEST Africa Challenge will also have the opportunity to benefit from a host of exciting perks from MEST Africa and its strategic partners. This includes global visibility, building their networks, professional coaching, mentorship from experts, and the opportunity to join the global MEST community for lifetime benefits.