The Meltwater Entrepreneurial School of Technology (MEST) Africa Unveils Top 5 Startups Vying for $50K Equity Prize in 2023 MEST Africa Challenge These startups have emerged victorious after rigorous pitch sessions, beating out 40 competing startups from Ghana, Kenya, Nigeria, Senegal, and South Africa ACCRA, Ghana, December 20, 2023/APO Group/ -- The MEST Africa Challenge (MAC) (MeltWater.org), an Africa-wide pitch competition for early-stage technology startups, is proud to announce the top 5 Regional Winners who will compete for the grand prize of $50,000 in equity. These startups have emerged victorious after rigorous pitch sessions, beating out 40 competing startups from Ghana, Kenya, Nigeria, Senegal, and South Africa. The finalists represent diverse sectors, including fintech, health tech, e-commerce, and edtech. Meet the Winners: The finalists are expected to pitch for the winning prize money at the end of January, an event that will be organized and hosted by MEST Africa. Ashwin Ravichandran, Portfolio Advisor at MEST expressed his excitement about the upcoming finals: “The top 5 finalists of the 2023 MEST Africa Challenge are a testament to the remarkable innovation and potential within Africa's tech ecosystem. Each startup has shown incredible prowess in their fields. We eagerly anticipate their presentations at the Final Demo Day, where they will connect with our dynamic network of entrepreneurs, investors, and partners.” The MEST Africa Challenge, a flagship initiative of MEST Africa, plays a pivotal role in nurturing aspiring and early-stage tech startups across Africa. As a comprehensive training program, seed fund and network of hubs, MEST Africa is dedicated to empowering the next generation of African tech startup innovators. This year’s challenge, in partnership with Absa Bank — a leader in African financial services committed to fostering innovation and entrepreneurship — highlights the collaborative spirit driving Africa's technological advancement. For more information and updates on the MEST Africa Challenge, visit https://MeltWater.org/MAC. Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).For more information or media inquiries, contact: Ophesmur Naa Adjeley Adjei Communications and Community Manager, MEST Africa ophesmur@meltwater.org About MEST Africa: MEST is an African-wide software and entrepreneurship training program, seed fund, and incubator helping to launch technology startups across the continent. Founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen, MEST is a 12-month program that provides critical skills training in software development, business, and communications to Africa’s burgeoning tech talent. MEST provides seed funding for the best ideas coming out of the program and continues to support the growth and development of its portfolio companies. To date, MEST has trained over 2000 entrepreneurs from across the continent and funded over 80 startups across industries from Agritech, Fintech, SaaS, eCommerce, Digital Media, and Healthcare amongst others. MEST is fully funded by the Meltwater Foundation, the non-profit arm of the Norwegian company Meltwater; a global leader in social and media intelligence headquartered in San Francisco. Visit www.MeltWater.org to learn more.