Africa’s Largest Tech Incubator Gets New Leader
Led by serial entrepreneur Jorn Lyseggen, Meltwater Entrepreneurial School of Technology (MEST), is a Pan-African entrepreneurial training program, seed fund, and incubator that was created for the purpose of realizing talent and merging it with opportunity. MEST has been the backbone of a number of world-class African tech and software companies – Kudobuzz, meQasa and Tress. Also leading the pack with inspiring examples of African startup exits such as medical claim handling company ClaimSync (acquired by Netherlands-based GenKey) and mobile chat app Saya Mobile (acquired by US-based multinational Kirusa).
From Forbes. Story by Mfonobong Nsehe.
Headquartered in Accra, Ghana, MEST has so far invested $20 million since opening its doors in 2008 to aspiring African entrepreneurs and has gone on to recruit talent from not only Ghana, but Nigeria, Kenya, South Africa and Cote D’ivoire. MEST currently has a footprint in Nigeria, Kenya and South Africa, and is in the process of opening physical incubator spaces in Nigeria, Kenya and South Africa.
I spoke to former Managing Partner of NEST.vc, Aaron Fu who has recently been appointed as the New Managing Director of MEST on the firm’s plans for expansion and the effect this will have on the tech startup landscape in Africa.
Read more at Forbes.