Accounteer has emerged winner of the inaugural MEST Africa Challenge, taking home the grand prize of $50,000 equity investment.
Accounteer is a SaaS company offering accounting and payroll management software tailored to the needs of African SMEs.
Hosted by the Meltwater Entrepreneurial School of Technology (MEST) – which has now been active in Africa for 10 years – the first MEST Africa Challenge took place on June 20 [2018] at the MEST Africa Summit in Cape Town.
The MEST Africa Challenge was a highlight of the closing day of the MEST Africa Summit, which 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?”
Four regional winners took to the stage to pitch live to an audience of leading global investors, entrepreneurs and executives, for the chance to win $50,000 investment.
Nigeria’s Accounteer was selected the winner – pipping to the post Ghana’s Cowtribe (a USSD-based technology that connects livestock farmers with veterinarians who can provide vaccinations); Kenya’s Data Integrated (a payment processing company for the public transport industry), and South Africa’s Swift Vee (a livestock and agricultural trading platform).
