Nigeria’s Accounteer wins $50,000 Equity Investment at MEST Africa Challenge

Organized by the Meltwater Entrepreneurial School of Technology at the inaugural MEST Africa summit in Cape Town on June 20.

The Challenge brought together stakeholders from Africa, Silicon Valley, and Europe to network and discuss trends, challenges and opportunities affecting markets across the continent, under the theme “The Year of the African Scaleup?”

There were winners from four regions vying for the prize of $50,000 investment, pitching their products to global executives and entrepreneurs. They included; Cowtribe from Ghana, Data Integrated from Kenya, Swift Vee from South Africa, with Accounteer from Nigeria leaving triumphant.

The Meltwater Entrepreneurial School of Technology (MEST) plans to formally launch its next fully-fledged incubator in Nairobi, Kenya later this year, where entrepreneurs will be offered the same level of support, mentorship, network and access to resources as its other incubators.

The Meltwater Entrepreneurial School of Technology has invested over US$20 million in funding, to African companies since its launch in 2008. With portfolio companies going on to receive follow-on funding.

This was the first time the Summit has been held in Cape Town, following MEST’s expansion to South Africa in December, when it opened a new Cape Town incubator, as well as a new space in Lagos.

Nasir Ahmed Achile

Philosophy nut. I recommend Albert Camus, Eckhart Tolle and bell hooks to everyone I know.

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