Five MEST portfolio and alumni companies receive investment from Google’s Black Founders Fund

ACCRA, Ghana —  Five MEST Africa portfolio and alumni companies — Tendo, Shopa, GrowForMe, Curacel and Chekkit — have been named among 50 startups who will be receiving investment and support from Google’s Black Founders Fund.

The companies will be receiving up to $100,000 in funds, mentorship from Google experts, and Google platform credits as part of the investment.

The five selected MEST-affiliated companies are some of the most promising technology startups whose solutions are transforming retail, e-commerce, agriculture, insurance and e-health across the continent.

Tendo, one of MEST’s portfolio companies, enables social media users to sell online without investing any capital. The app allows resellers to browse through catalogues of products and gets as much information as possible. Resellers can then add their profit margins to the product and share on social media.

Shopa, another MEST portfolio company is a B2B e-commerce business that is digitising the informal retail supply chain in Ghana and beyond by connecting informal retailers to products and suppliers faster and ensuring better profits.

Chekkit is a blockchain technology company saving lives by protecting producers and shoppers from the harmful effects of counterfeit products. It was founded in 2018 by MEST alumnus Dare Odumade to offer consumer intelligence, anti-counterfeiting and provide manufacturers with a way to engage their consumers directly.

Curacel was founded by MEST alumnus Henry Mascot. It is an AI-powered platform that enables insurers to automate claims seamlessly and also track fraud, waste and abuse.

Grow For Me is a web based Agricultural crowdfunding platform that funds farmers to scale and grow more crops, using the income received from interested sponsors. The unique model is creating wealth and contributing to food stability particularly in the rural communities where mass urban migration is having a detrimental impact on the agricultural food chain. Grow for me was founded by MEST Africa alumnus Nana Opoku W. O. Agyeman-Prempeh.

The Black Founders Fund is a program by Google Startups which is supporting early-stage Black-founded startups on the African continent. It seeks to bridge the existing fundraising gap for Black startup founders in Africa’s fast-growing technology landscape. The program will allocate a non-dilutive $3 million fund across 50 investable startups in Africa. The startups also receive Google Ad Grants and Cloud credits, as well as support from experienced experts at Google.

MEST is an Africa-wide technology entrepreneurship training program, internal seed fund, and network of hubs offering incubation for technology startups in Africa. Our internal seed fund provides $50k to $250k in funding to help launch and scale early-stage companies. Since 2008, MEST has funded and provided incubation for over 80 technology startups that are focused on creating wealth and jobs on the continent.

MEST and Mastercard Foundation launch program to help Ghanaian SMEs tackle challenges and scale growth

ACCRA, Ghana — MEST, in partnership with the Mastercard Foundation’s Young Africa Works recently announced the launch of the MEST Scale Accelerator.

The program, aimed specifically at business owners and leaders, is designed to help Small and Medium Ghanaian Enterprises (SMEs) at their growth stage to address systemic and environmental factors that hinder their access to capital and impede their ability to scale.

The Accelerator is inviting SMEs that have ambitions to take their operations to scale, regardless of industry, to submit expressions of interest via the MEST website.

The high-growth venture accelerator identifies specific areas in which most Ghanaian SMEs face growth challenges and lines up expert trainers and mentors to deliver strategic, operational and technical support to businesses in a one-year program. Through this accelerator, MEST Africa will be providing Ghanaian SMEs with hands-on and strategic guidance on how to manage these challenges while building operational and technical efficiencies that will boost their growth.

“SMEs play a critical role in Ghana’s socio-economic growth but very often, most SMEs are unable to scale up due to several challenges and systemic barriers. These include fractured value chains, inadequate or inefficient use of technology, lack of leadership and operational support, talent acquisition and retention, and limited access to growth capital.

For over a decade, we have built some of Africa’s most innovative and scalable businesses and we are eager to share our knowledge and expertise with more promising Ghanaian companies that have the potential to scale and make the most impact on the economy”, said Kweku Fleming, Program Manager for MEST Scale at MEST Africa.

SMEs make up about 85% of businesses in Ghana and contribute largely to GDP and employment. The focus of the program is to empower this influential group of businesses to increase revenue, create new jobs, optimize value chain linkages, and access investments, all of which contribute to the advancement of socio-economic prosperity in Ghana.

“SMEs are critical to driving sustainable economic growth and creating dignified work for young women and men in Ghana. Supported to scale, they have the potential to be real game-changers in the Ghanaian economy. This partnership allows us to support the process of building an ecosystem of thriving SMEs”, said Chirag Shamdasani, Innovation Lead, Ghana, at the Mastercard Foundation.

The Scale program will select 10 SMEs, headquartered in Ghana, to accelerate and scale over the next year. Participating companies will receive the following:

  • Advisory support tailored to their business needs
  • Leadership coaching, mentorship and knowledge sharing from leading professionals
  • Specialist consultation sessions with subject-matter experts
  • Technology enhancement to enable growth scale
  • Investor engagement and investment readiness support
  • Funding, partnerships and ecosystem linkages

MEST Scale is one of three new programs launched by MEST Africa and the Mastercard Foundation to scale their impact and reach more young people, entrepreneurs and business leaders at different touchpoints of their entrepreneurial journey in Ghana, and in time, across the continent.

Interested companies should visit the MEST Scale website and fill out the Expression of Interest form. Applications close on October 18th, 2021.

Applications open for the MEST Express Accelerator Program

ACCRA, Ghana — MEST, in partnership with the Mastercard Foundation has announced that applications are open for the next two cohorts of the MEST Express Accelerator program.

The 20-week acceleration program, under the Mastercard Foundation’s Young Africa Works strategy, offers free training, mentorship, resources, and support to participating startups. At the end of the program, startups in each cohort will have the opportunity to participate in a pitching session where top-performing ventures will receive equity-free grant funding.

“Securing investment is extremely difficult for early-stage startups. This is why we are introducing a strong focus on investment readiness and fundraising in our upcoming cohorts, with the view of connecting startups to sources of capital and preparing them to effectively deploy funds to grow their businesses,” said Felix Darko, MEST Express Program Manager.

The two cohorts will have a blend of virtual and in-person sessions. One cohort will take place in Accra, with in-person sessions held at the MEST campus. In an effort to make entrepreneurial training more accessible to startups across Ghana, the other cohort will take place in Tamale at the HOPin Academy.

“After extensive research in three regions and numerous insights about the technology and entrepreneurship landscape across the country, we are excited to announce our partnership with HOPin Academy. Situated in Tamale, the largest city in the Northern half of Ghana, the Academy provides an exciting opportunity to reach many young entrepreneurs and to help develop the still-nascent technology ecosystem in the North,” said Gregory Coussa, Strategic Director at MEST Africa.

“We are delighted to see the expansion of the MEST Accelerator program to support early-stage startups across the country. Democratizing access to opportunities that nurture entrepreneurial dreams will increase the chances of success for newly established enterprises by young entrepreneurs,” said Chirag Shamdasani, Ghana Program Partner, Digital Economy at the Mastercard Foundation.

Early-stage startups operating in Ghana are encouraged to apply for the upcoming accelerator program. Interested young entrepreneurs can access the application portal here.

“We applied for the program because we wanted to kickstart our journey towards taking our business to market. We saw the opportunity to fine-tune and implement various aspects of business development. We found a competent space to expand our knowledge and receive expert advice on business growth. The team valued the learning and networking which the MEST Express program provided.” — Esinam Yevu, Co-Founder and Communications Lead at Ghanaian fintech startup, PayBox

Earlier this year, three startups, Bosea, Wegoo, and Motito, were awarded $10,000, $6,000, and $4,000 respectively in grant funding.

To date, the program has accelerated 18 startups operating in various industries.

Interested in joining the next cohorts of MEST Express? Start your application here today.

MEST Africa extends the application period of the class of 2022

The Meltwater Entrepreneurial School of Technology, (MEST Africa), on Thursday, announced that the application period for the MEST Training Program, class of 2022, has been extended to September, 17.

A statement made available to the Ghana News Agency said the changes to its renowned technology entrepreneurship program were to enable applicants, especially university graduates, an opportunity to participate in the 2022 program.

“Due to the increasing uncertainty around Covid and unconfirmed graduation dates for most Universities across West Africa this year, we have confirmed to start the new cohort for the MEST Training Program in January 2022”, the statement noted.

It stated that despite the challenges that COVID-19 continued to present to all training institutions, the organization was poised to continue identifying and training some of the finest minds in technology on the African continent in the safest possible way.

The statement quoted Mr Ashwin Ravichandran, the Managing Director of MEST Africa as saying, “By extending the application phase of our training program, final year university graduates, who make up the majority of our applicants, will have enough time to apply to the class of 2022.

This also gives us at MEST adequate time to speak to more talents who are eager to use technology to solve Africa’s pertinent problems”.

MEST is an Africa-wide technology entrepreneur training program, internal seed fund, and network of hubs offering incubation for technology startups in Africa. Since its inception in 2008, MEST has produced some of the continents leading technology startups like Ghanaian real estate platform MeQasa, Kudobuzz, LetiArts, and many others.

The prospective students could learn more about the application process for the MEST Training program via https://mest.submittable.com/submit.

DIGILOGIC: The first pan European and African Digital Innovation Hub (DIH) focusing on smart logistics

ACCRA, Ghana — February 2021: The EC has granted EUR 1.9 million to DIGILOGIC, a three-year Horizon 2020 project to boost cooperation and long-term, sustainable partnerships between European and African Digital Innovation Hubs (DIHs), paving the way for innovators, startups, and SMEs to jointly develop smart logistics solutions in close cooperation with industries and investors.

The DIGILOGIC project is deployed by a consortium comprising three DIHs in Europe — Digital Hub Logistics Dortmund (Germany), VTT (Finland) and Friuli Innovazione (Italy); two DIHs in Africa — MEST (Ghana) and BongoHive (Zambia); the system change facilitator Endeva (Germany) and an SME Prototipi (Nigeria).

Together, these partners will foster the adoption of emerging technologies such as Cloud Computing, Big Data, Augmented and Virtual Reality, Machine Learning, Blockchain, Artificial Intelligence (AI), Smart Devices, Internet of Things (IoT) and Intelligent Transport Systems (ITS) for smart logistics solutions, through the deployment of a dynamic and impactful knowledge transfer process and a targeted implementation programme across Europe and Africa.

Logistics and global supply chain management are much more than transport. Together, they secure manufacturing and trade and by this, the competitiveness of economies. The ongoing COVID-19 pandemic is showing the essential role played by logistics in sustaining the functioning of our societies; delivering vaccines, and emergency supplies while revealing the fragile nodes of global supply chains. Indeed, the sector is facing a plethora of challenges, both from competitors and disruptors and it cannot afford to lag in innovation if a secure, free and independent industry across both continents is to be developed.

DIGILOGIC partners see the horizontally connecting logistics industry at the converging point of interest and priorities for digital innovation for social and business development; a crucial node for Europe’s and Africa’s sustainable prosperity. Applying ICT and other digital technologies to logistics will have a knock-on effect, benefiting other industries from agriculture to manufacturing, local trade to eCommerce, health care to mining. The innovation uptake will provide substantial support to both macro- (e.g. large scale freight movements by air, sea and land, added-value services like warehousing, assembling among others) and micro-business growth in areas such as “last-mile” deliveries. Data, knowledge and competencies sharing are combustible for overall growth and recovery.

Digital Innovation Hubs are the organisations that DIGILOGIC will use to foster the adoption of emerging technologies for innovative solutions, products and services. DIHs create the conditions for — and subsequently nurture, support and promote — innovation, especially by SMEs, young innovators, startups and mid-caps. They also provide access to technology testing, skills development, financing advice, knowledge sharing, collaborative projects, brokerage, market intelligence and networking opportunities.

DIGILOGIC will act as an ecosystem of ecosystems, mapping the existing players (which a recent report by Briter Bridges and the GSMA Ecosystem Accelerator Programme maps at over 600 on the continent), leveraging on DIHs’ competencies and network to analyse the levers of change which should be addressed to exploit innovation, facilitate collaboration and ultimately create market and uptake opportunities for innovators, SMEs and start-ups in smart logistics from both continents.

The EC will facilitate the creation of networks of DIHs which can share nodes/technology platforms, as well as hard and soft competencies to cope effectively with the EU’s digital transformation across all aspects of the economy.

Speaking on their partnership and involvement in the project, Prasanth Kumar, Director of Consultancy at MEST, said “With a goal of equipping the continent’s most promising tech entrepreneurs with the skills required to launch and scale globally successful software companies in the past decade, MEST is extremely proud to associate in the DIGILOGIC, project along with our partners. MEST is also proud to lead the Ecosystem engagement activities and to execute Inclusive Digital and Entrepreneurship capacity building programs for unemployed youth and vulnerable groups.”

DIGILOGIC is working on a smart logistics technology radar, including the latest technical developments and industry needs, with a deep dive into specific European and African challenges and available solutions, to guide a mentoring and go-to-market learning programme.

In June 2021, the project will also launch an interactive eLearning platform with on-demand and live business, design thinking and smart logistics ICT modules. The eLearning platform will be free of charge and accessible at any time with on-demand and live webinars, documentation, dedicated thematic courses, exercises and assignments to enable learners to follow their learning path as per their needs, motivation and time availability.

Leading the creation of the eLearning platform that will extend the work of this project online especially in light of the COVID-19 pandemic, Lukonga Lindunda, Executive Director at BongoHive, an Entrepreneurship Support Organisation based in Zambia added that they were also “excited about the opportunity to extend our work in the Smart Logistics space together with European and African partners on the DIGILOGIC project.”

Ultimately, DIGILOGIC aims to enable the growth of a common innovators’ ecosystem, where talent from both Europe and Africa will benefit from access to technology, knowledge and market opportunities and investments.

In May of next year, the project will launch opportunities for innovators in Europe and Africa to solve four challenges related to the improvement of logistics on both continents. DIGILOGIC will define the topics of the four challenges, based on the real needs and pain points of SMEs, industries, and local governments. Applicants will be invited to propose effective emerging technologies solutions and the selected proposals (up to 12), will be offered a one-year mentoring and coaching programme which will kick off with a three-day Bootcamp in Europe and continue with ongoing virtual and physical mentoring and access to technology infrastructures made available by each DIH. The best projects will be part of DIGILOGIC’s final Demo Day, co-located with a major innovation event in Europe or Africa.

Signed: Digital Hub Logistics, VTT, Friuli Innovazione, Endeva, MEST, Prototipi, and BongoHive

For media inquiries: info@digilogic.africa

For more information on the DIGILOGIC project please see www.digilogic.africa

Due to COVID-19, MEST postpones training program to next year and doubles down on growing portfolio companies

MEST Management, Friday, July 24th 2020

Hi Everyone,

At MEST, we continue to be deeply concerned about COVID-19 and have been closely monitoring developments locally and globally. Our number one priority remains the health and safety of our community. We will continue to follow the local authority and health official guidelines.

Due to the ongoing nature of the pandemic and the uncertainty that the future of travel holds, we have been unable to conduct in-person interviews and host recruitment around Africa for our next cohort. For this reason, we have taken the decision to postpone the Training Program to next year.

While these circumstances are indeed unfortunate, we see this as an exciting opportunity at MEST to double down on providing support and mentorship to our existing portfolio companies and the African ecosystem.
 

Thanks,
MEST Management

Congratulations MEST Class of 2019: Graduation Weekend Recap

On August 11th, 2018, 51 motivated, self-proclaimed entrepreneurs from 12 African countries arrived in Accra, Ghana, to join the MEST Africa entrepreneurial training program and begin what many alumni consider one of the most challenging and fulfilling years of their lives. These Entrepreneurs-In-Training (EITs, as we call them) made up the MEST Class of 2019. Read more on Medium…

Kenyan fintech startup WayaWaya one of three to win $50k at the MEST Africa Summit 2019

This article is part one of a three-part series focusing on the 2019 MEST Africa Challenge winners.

When applications to the 2019 MEST Africa Challenge (MAC) opened early this year, WayaWaya Ltd was one of the top 10 finalists chosen from hundreds of Kenyan startups. The fintech startup that provides one account to combine your bank, mobile wallet, and SACCO, and makes payments accessible across the world, was named the finalist that would compete in the final pitch at the MEST Africa Summit (MAS).

Teddy Ogallo, Founder and CTO of WayaWaya, went up against the other finalists from Nigeria, Kenya, South Africa and Côte d’Ivoire, and for the first time ever, three startups were named winners of the grand prize. WayaWaya, Ozé (Ghana), and Snode Technologies (South Africa) all received $50,000 in equity investment from MEST Africa and $25,000 of credit from key sponsor Microsoft.

Keep reading to hear more from the WayaWaya team about how being a MEST portfolio company will help them achieve their goals.

MEST: Why did you start Wayawaya?

Wayawaya: I had some experience running another startup that I exited at a time when it was not possible to send cash to anyone in real time across the world or platforms without limitations, based on technology and regulations. Financial solutions were just not capable of efficiently connecting to each other, and they still can’t. Transfers then cost more than they should, and I had to have multiple apps for MPesa, banks, loyalty services and remittances. Being exposed to businesses and their pain points also made me realize that as much as businesses evolve ways of getting more customers to use their services, manage their inventories and get capital, they still had major pain points accepting multiple payment options or payments through rapidly growing mass reach platforms like Facebook and WhatsApp. I started WayaWaya as a platform agnostic solution that connects to not only banks and mobile wallets, but also enables access to these services over the most popular communication/interaction channels across borders with just one account. Since then we have been steadily building the team, the experience, the network and addressing the compliance/security requirements to make this a scalable world class solution that can address individuals’ and business’ needs across the world

MEST: What inspired you to compete in the MEST Africa Challenge/Summit?

Wayawaya: I was attracted by MEST’s background of teaching entrepreneurs on the basics needed to succeed. I felt and still feel I am an entrepreneur with a lot to learn on how to efficiently scale and build a business from just an attractive solution for the region to global acceptance. I believe the multi-cultural and wide networks of the MEST team seem to be a sure bet to helping me achieve this. Seeing that MEST has managed growth and partnerships across multiple countries, [I hope] I can use the team’s expertise as a template to also achieve the same for WayaWaya.

MEST: What tips do you have for future MAC contestants?

Wayawaya: During the regional finals I had to compete against some contestants who didn’t have a Minimum Viable Product (MVP) for market, and I feel they would have benefited immensely from the feedback on the ground. Having tested the market gives you a new perspective and preparedness that no pitch preparation will. Further to that, contestants should continuously work hard to find ways of growing their business rather than waiting for help so that in the space between winning the regional championships and the MEST Africa Summit championships they can show progress

MEST: How do you intend to use this opportunity to expand?

Wayawaya: While we have experienced rapid growth in the last few months we hope to use the MEST network and professionalism to get tips on how to manage and sustain this growth and communication to our current and future customers. We hope to tap into the MEST network for new partnerships/expansion  and we will use MEST partners such as Microsoft to ensure our technology is ready to handle the growth in customers and volumes. Individual customers should also expect more direct marketing and communication from the WayaWaya team presenting our transformational products to more people across Africa, the diaspora and travelers.

MEST: Why are you excited to join the MEST Portfolio?

Wayawaya: My experience with the MEST team has been extraordinary; brilliant organizational and execution skills, and they have shown willingness to help me refine the rough edges in our business and its presentation. Most importantly, they have a diverse and attractive set of companies in their portfolio with several successful exits [which] automatically attracted me in a bid to also take our business through the same route.

MEST: Why is pan-African expansion the key to your company’s success?

Wayawaya: With WayaWaya we have seen the need to expand based on customer requirements and demands (both individuals and businesses). We address inefficiencies in the rapid growth developing market, banking, transfers and payment eco-systems, which then means it makes sense to expand to as many territories and markets as our capacity allows.

MEST: What is next for Wayawaya?

Wayawaya: Transforming the years of growth, lessons and development into better services for many more customers across Africa and the African/Asian Diaspora. We are working to ensure we are one of the organizations at the forefront of transformational financial and payments services built for 21st century users, and [hope] to make these services available across mobile phones, social media, instant messengers or connected to traditional financial systems.

MEST Africa looks forward to welcoming Wayawaya to our portfolio and seeing what they go on to do!

Ghana based startup OZÉ named one of three winners of $50k at the MEST Africa Summit 2019

This article is part one of a three-part series focusing on the 2019 MEST Africa Challenge winners.

Back in February, ten top Ghanian startups were chosen to compete to pitch their business ideas as part of the MEST Africa Challenge 2019. Judges selected OZÉ,  a platform that equips small business owners with the information to make data-driven decisions to help them grow, as the finalist to represent Ghana.

On June 10, 2019, the final pitch was held at the MEST Africa Summit in Nairobi, Kenya. Meghan Mccormick, Co-Founder and CEO of OZÉ, competed against the other finalists from Nigeria, Kenya, South Africa and Côte d’Ivoire, and for the first time ever, three startups were named winners. OZÉ, WayaWaya Ltd (Kenya) and Snode Technologies (South Africa) all received $50,000 in equity investment from MEST Africa and $25,000 of credit from key sponsor Microsoft.

Keep reading to hear more from the OZÉ team about their win and where they hope to go from here.

MEST: Why did you start OZÉ?

OZÉWe started OZÉ to help small businesses grow. On the continent, there’s a youth unemployment crisis with 11 million youth entering the job market every single year and 60% of them not finding jobs. The only way for them to actually solve unemployment at a large scale is to equip the pre-existing small businesses on the continent to create jobs for the youth.

MEST: What inspired you to compete in the MEST Africa Challenge/Summit?

OZÉ​​​​​​​: We wanted to compete in MAS because of especially being a company founded by Americans, being able to embed in the African entrepreneurial ecosystem was really important. We had a relationship with MEST previously by doing some trainings but wanted to immediately become part of the mest family. 

MEST: What tips do you have for future contestants?

OZÉ​​​​​​​: I think the tips I would have for future contestants would be to wait until you’re ready to take advantage of the opportunity. We chose not to apply to MAC last year because we thought we were a little bit too early and we think we were able to be competitive this year because we have actual paying customers now and growth, if we were to have made it last year we would not have that. And then not this opportunity. So being strategic about when you apply for these types of opportunities is really important.

Nailing your story, part of how OZÉ was able to come home a winner in such a competitive field with people with much more mature businesses was because we were able to communicate why what we’re working on matters and why we think it can change the structure of the African economy and paint that picture. A good story goes a long way especially when you don’t have millions of dollars of revenue. 

MEST: How do you intend to use this opportunity to expand?

OZÉ​​​​​​​: We are looking to Nigeria as our next market, so knowing that when opening in that market not only do we have relationships with the other company from Nigeria but also a home base – somewhere that we can camp out and meet people and get introductions to other small business owners and startups movers and shakers in the Nigerian ecosystem is the most immediate benefit, that launch pad into Nigeria. 

MEST: Why are you excited to join the MEST Portfolio?

OZÉ​​​​​​​: We’re excited to join the MEST portfolio because of the long history of MAS in Ghana, not that many early stage investors in Ghana so being able to have one that launched and grew in the same market with the same pattern that we hope to follow (from Ghana and out from there), MEST will be a very beneficial partner for us.

MEST: Why is pan-African expansion the key to Oze’s success?

OZÉ​​​​​​​: The 28 million consumers in Ghana are really exciting for a first market, but they’re not a large enough opportunity to attract the type of investment that we need to bring the world class together to build such a transformational product. The youth unemployment is not just a Ghana problem, but a sub-Saharan African market. Attract the type of acapital that we need to be successful in Ghana and eventually beyond Ghana.

MEST: What is next for OZÉ​​​​​​​?

OZÉ​​​​​​​: We just got our 10,000th registered business, which is really exciting. Right now we’re heads down focusing about moving our financial institution partners from being partners on paper to getting capital into the hands of OZÉ users. 

We look forward to welcoming OZÉ to our portfolio and seeing what they go on to do!

MEST Africa Summit 2019 names South Africa’s Snode Technologies one of three startups to win $50k

This article is part one of a three-part series focusing on the 2019 MEST Africa Challenge winners.

This year, the annual MEST Africa Challenge competition selected ten top South African startups to pitch their businesses to a board of local judges for the opportunity to compete in the finals at the MEST Africa Summit 2019. Snode Technologies, a cybersecurity and intelligence business that leverages mathematics to analyze data in real-time at scale, was selected as the country’s winner and joined us in Nairobi earlier this month.

Nithen Naidoo, Co-Founder and CEO of Snode, competed against the other finalists from Ghana, Nigeria, Kenya, and Côte d’Ivoire, and for the first time ever, three of the companies were dubbed winners. Snode, OZÉ (Ghana), and WayaWaya Ltd all received $50,000 in equity investment from MEST Africa and $25,000 of credit from leading sponsor Microsoft.

Keep reading to hear more from the Snode team about their experience as a MEST Africa Challenge competitor, and their plans for the future.

MEST: Why did you start Snode Technologies?

Snode: After years of running a cybersecurity consulting firm, providing assessments to large global enterprises, we realised that the way we defended against cyber-attacks was reactive and ultimately flawed. A more intelligent line of defence was urgently required since traditional detection and defence technologies proved inadequate to dealing with rapidly evolving cyber-attack patterns. Snode leverages advanced mathematical algorithms and the power of learning machines to process large amounts of data. This data then provides insights into prevailing patterns to help identify and combat cyber security threats before a potential breach occurs. 

MEST: What inspired you to compete in the MEST Africa Challenge/Summit?

Snode: After our initial success in South Africa, we wanted to expand our business to the rest of Africa. We saw MEST as a potential channel to, not only introduce our brand, but to establish a channel partnership to further explore opportunities across Africa and the globe.

MEST: What you tips to you have for future contestants?

Snode: Act locally, but think globally; build a world-class business fused with African ingenuity.

MEST: How do you intend to use this opportunity to expand?

Snode: We plan to establish channels in growing African markets, such as Nigeria, Ghana and Kenya, providing world-class cybersecurity technology and services.

MEST: Why is pan-African expansion the key to your company’s success?

Snode: We view our company and unique cybersecurity technology offering as an African innovation with global potential. We see establishing our presence across Africa as a key milestone on our roadmap to global expansion.

MEST:  What is next for Snode Technologies?

Snode: We are looking forward to entering new African markets and working with the many talented cybersecurity teams across the continent.

MEST Africa looks forward to welcoming Snode Technologies to our portfolio and helping them to expand across the continent and globe!