MEST takes equity in its startup’s portfolio and they have incubation support from the tech hub for 18 months as well as an option to work out of its incubators across different African locations. MEST is looking to go beyond seed-stage investments to form a VC fund for series stage rounds to African startup. Read More: OPay finally launches “OBus”, a bus-hailing service in Nigeria Furthermore, the recipients of the seed fund are from Ghana, South Africa. Nigeria and Kenya. These startups cover a wide range of sectors from entertainment, fin-tech, agriculture to beauty services. Here are the startups that graduated from MEST’s incubator program with $100, 000 seed fund: Credit: Techcrunch
