MEST to invest a total of $700k in these 7 African startups

MEST to invest a total of $700k in these 7 African startups

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Meltwater Entrepreneurial School of Technology - MEST - has announced seven startups that will receive $700,000 in total funding according to Forbes. This investment will coincide with its 10th anniversary. MEST's 2018 cohort has 7 startups from Ghana, Nigeria, Kenya, South Africa, Cote d’Ivoire, and Zimbabwe. These have graduated from its year-long training program and each will receive $100,000. The seven startups, as described by Aaron Fu, MD of MEST, to Forbes, are: ShareHouse; kicking off in Kenya, is on a path towards being the Airbnb for warehouses. Their founders are driven by a mission to democratize and bring efficiency to warehouses that have been out of reasonable reach for many SMEs. Nvoicia which is launching almost simultaneously in Lagos and Accra will use machine learning to unlock liquidity for SMEs via accessible and consistently assessed invoice discounting. Truckr has ... }

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