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Hisa among 7 Kenyan tech startups selected for MEST Africa Challenge 2022


Kenyan fintech Hisa Inc is among the 36 African startups selected for the 2022 MEST Africa Challenge.  The mobile investment platform that allows anyone in Kenya to invest in  U.S. stocks and ETFs using mobile money joins other Kenyan startups including Synatech Africa, Nutritech Solutions, and Afriagrimark Enterprise Limited who will compete for  the ultimate prize of $50,000 in equity investment.

Other Kenyan startups selected for the competition include MOBI-REMIT SOLUTIONS LIMITED, EASYHOUSE AFRICA and mSwali. 

The regional competition stage will see the shortlisted startups placed into 4 main pitching groups that will participate in virtual pitch competitions scheduled to take place between the 10th and 13th of October 2022. Each pitch competition will be adjudicated by a panel of expert judges from around the continent. 

From the regional pitch stage, 10 finalists will be selected for the next stage, which will consist of individual interviews with the company founders. Following the interview stage, 5 startups will be selected, one from each market, to come to Ghana for the Final Pitch Competition and Demo Day to compete for up to $50k in equity investment and the opportunity to join the Pan-African MEST incubator community.

“MAC has been an absolute thrill and we aren’t even at the finals yet! From planning, to launching the actual competition, combing through 100’s of applications, the entire journey to select our top 36 start-ups to move forward to regional finals has been an exciting learning curve.’’ Director of Portfolio at MEST Africa Melissa Nsiah said.

Below is the full list of selected startups for the 2022 MEST Africa Challenge.

STARTUP SECTOR COUNTRY
Digistore Fintech Ghana
Wala Digital Health Health Tech Ghana
Swoove Inc Logistics Tech Ghana
AppCycling Ghana LTD E-Waste Management & Recycling Ghana
Utopia Technologies Technology Ghana
GAPhealth Technologies Ltd. Health tech Ghana
Synatech Africa Software as a Service Kenya
Nutritech Solutions Health care Kenya
Afriagrimark Enterprise Limited AgriTech Kenya
MOBI-REMIT SOLUTIONS LIMITED Financial Technology Kenya
EASYHOUSE AFRICA Proptech/Fintech/Edtech Kenya
mSwali Mobile gaming Kenya
Hisa Inc Fintech Kenya
ZEDA BROTHERS LTD (Parent Company)/ Helene ERP/Accounting Nigeria
Mytherapist.ng Mental Health Services Mental Health / Wellness Nigeria
Angel’s Radar Financial Services Nigeria
Fostaco Agriculture Nigeria
Bridge Merchant Enterprise Agritech Nigeria
AWI Agricultural Venture Agri-Tech Nigeria
Sanwo Technologies Limited TrustTech Nigeria
ROYALTI DIGITAL MUSIC SOLUTIONS LIMITED Media & Entertainment Nigeria
Niteon LLC Marketplace, Procurement, Logistics, web 3.0 Nigeria
MyFoodAngels AgricTech/FoodTEch Nigeria
Goods and Services 360 Ltd Clean Cooking Nigeria
Sproutly Inc. Fintech/ Edtech Nigeria
KaCyber Technologies ICT (Transport Tech) Senegal
Kweli SAS / Kweli Inc B2B Marketplace Senegal
INSURIS INSURTECH Sénégal
Sodishop E-commerce/ elogistique Senegal
PROXALYS Retail/Ecommerce Senegal
SENDRA (Sénégalaise de Déconstruction et de Recyclage Automobile) CleanTech Senegal
Dots for Inc. Telecommunication and information technology in African rural areas Senegal
Zimi Charge (Pty) Ltd E-Mobility South Africa
Dove Air Inc Healthcare South Africa
Thumel Technologies Logistic South Africa
Desert Green Africa Agri Investments Agritech South Africa

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Nixon Kanali

Tech journalist based in Nairobi. I track and report on tech, business and African startups. Founder and Editor For TechTrendsKE. Nixon is also the East African tech editor for Africa Business Communities. Send tips to nkanali@techtrendske.co.ke.

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