We invest in people

We support early-stage software entrepreneurs who are committed to building technology solutions that address the continent’s most pertinent problems while creating wealth and jobs for its people.

Our internal seed fund gives investment of $50k to $250k in funding to help launch and scale these early-stage companies. In addition to funding, MEST offers 18 to 24-month incubation at the MEST hubs and access to the Africa-wide tech community.

Case Studies

meQasa dominates the online real estate marketplace in Ghana

After raising a Series A round, meQasa went on to become the largest online real estate marketplace in Ghana and acquired their largest competitor, Jumia House.

Asoriba, Building Credibility and Achieving Market Dominance

Four years after receiving seed funding from MEST, they became Pan-African, launching in four countries across Africa, and serving some of the continent’s most prominent churches.

TrotroTractor: Invigorating the Agritech Landscape in Ghana

After their launch, TrotroTractor gained lots of traction from established players in Ghana’s agritech space. Their growth exceeded set KPIs in the first three months of operation, and they were able to make revenue and prove concept.

Businesses We Support

  • Scalable software solution
  • Product-market fit
  • Strong African founders
  • Sector agnostic

How We Support

  • Capital
  • Business Support & Incubation
  • Network access
  • Mentorship

Outcomes

$28m

Invested

80+

Companies funded

18

Countries reached

Success Stories

The training has been invaluable in preparing me for the ups and downs of the startup world. Out of all modules, the Social Enterprise module was something I was personally passionate about, I enjoyed it!

Chukwuemeka Ndukwe, Co-Founder of CoFundie

My favorite part of the MEST Training Program was getting to meeting new people from diverse cultures & professional backgrounds. The ideation & design sprints too!

Favour Barde, Co-Founder of Massira

Our involvement in MEST Express exposed us to best practices in the tech industry. We had access to world-class experts in all areas of company building. At the end of the program, we had a clearer vision and a solid plan to get there, – Paul Eshun, CEO of Bosea and Credify

Case Study: custom accelerator program for African fintech startups

In September 2018, MEST partnered with French multinational bank Société Générale (SocGen) and SystemicLogic to launch a month-long accelerator program designed to take promising startups in the informal sector to the next level and offer potential partnerships with the bank.

Our Portfolio Companies

MEST has invested in over 80 early-stage African software companies, in industries ranging from e-commerce, agtech, fintech, health tech, edutech, AI, and more.

List of Portfolios

Learn more about the MEST portfolio

Interested in partnering with MEST? Are you an investor who wants to learn more about our portfolio?

Contact our team to explore opportunities.

Ashwin Ravichandran

Managing Director
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