In the final pitching event, fifteen teams participated, but only seven were picked, adding $700k to the overall funding round for this class.

In addition to the funding, start-ups can also participate in the ongoing incubation programme at MEST.

Ashwin Ravichandran, managing director of MEST Africa, had this to say, speaking about the range.

This was the first time that our entrepreneurs were educated online and away from our campus for the most part, and I’m proud to say they came out stronger than ever. We are incredibly excited about the 7 companies in which we have chosen to invest and look forward to continuing our support and mentorship as they start their companies across the continent.

Good morning Ladies and Gentlemen
Welcome to the Final pitch of #MESTClassOf2020.

It’s been an incredible journey for these entrepreneurs and we are all so excited to learn about their ideas. pic.twitter.com/G43CEObSUA

— MEST Africa (@MESTAfrica) August 21, 2020

The seven startups include:

Shopa, a last-mile ordering and delivery startup for informal retailers in Africa.

Heny, a forum to explore new flavors and perspectives for young professionals by changing the way diners eat.

Boxconn, a network that offers companies and individuals access to a list of confirmed distribution partners nearest to them, instantly delivers packages from one location to another.

KPILens, a start-up that automates the documentation, tracking and assessment process for development organizations and makes it simpler.

Tendo, an online network that ties independent resellers to companies, aims to tackle two of the biggest issues facing Africa: unemployment and gender inequality.

Joovlin, helps fintech platforms and merchants increase their sales by interconnecting mobile wallet users and allowing them to transact with each other.

Eleka, streamlines onboarding procedures for customers that are fraught with lengthy and expensive labor measures.

Move In Rentals, Credia, Uyolo, VendoorPro, Trastea, Cornerstock, Colibri, and JidiTrust are the other startups that didn’t receive funding from MEST.

Last year, MEST invested $100k in eleven startups while celebrating its 11th year in business. The sum, $1.1 million, represented the organization’s largest single cohort investment.

And although the amount this year is $400k smaller, the selected startups will have the opportunity to enter the incubator ‘s portfolio of over 40 startups across Ghana, Kenya, Nigeria, and South Africa.

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