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Reading: SAYeTECH Wins the Meltwater Entrepreneurial School of Technology (MEST) Africa Challenge 2024, Securing $50,000 in Funding
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African News Herald > Blog > Africa > SAYeTECH Wins the Meltwater Entrepreneurial School of Technology (MEST) Africa Challenge 2024, Securing $50,000 in Funding
Africa

SAYeTECH Wins the Meltwater Entrepreneurial School of Technology (MEST) Africa Challenge 2024, Securing $50,000 in Funding

ANH Team
Last updated: December 4, 2024 10:02 pm
ANH Team
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The Meltwater Entrepreneurial School of Technology (MEST Africa) has recently announced SAYeTECH as the winner of the MEST Africa Challenge (MAC) 2024. The MAC 2024 grand finale, held in partnership with the Norwegian Embassy in Accra, celebrated innovative AgriTech solutions in West Africa under the theme ‘Find Your Soil.’

SAYeTECH, a Ghanaian startup led by Theodore Ohene-Botchway, emerged victorious for its innovative agricultural machinery designed specifically for African conditions. The company secured $50,000 in equity funding to scale its operations, enabling them to enhance production and reduce delivery lead times for smallholder farmers.

The MEST Africa Challenge attracted applicants from various West African countries, including Benin, Cape Verde, Côte D’Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mauritania, Nigeria, Senegal, Sierra Leone, Mali, and Togo. Six finalists were selected to pitch their groundbreaking AgriTech solutions aimed at enhancing productivity and sustainability in the region.

As a key player in Africa’s tech startup landscape, MEST Africa continues to support tech innovators and startups through initiatives like the MEST Africa Challenge. This competition provides a platform for emerging entrepreneurs to showcase their solutions, gain visibility, and access support to scale their businesses.

According to Ashwin Ravichandran, Portfolio Advisor at MEST Africa, “AgriTech innovation thrives when it’s rooted in the right environment. ‘Find Your Soil’ is about helping innovators find the ecosystem where they can grow. Through the MEST Africa Challenge, we provide the visibility, partnerships, and support to help them succeed.”

MEST Africa is dedicated to creating wealth and job opportunities in Africa by fostering digital skills, supporting startups, and connecting entrepreneurs to global networks. For more information on MEST Africa and its initiatives, visit www.Meltwater.org.

See also  Sub-regional development banks urged to scale up financing to accelerate Africa’s development

For media inquiries, please contact Ophesmur Naa Adjeley Adjei, Communications and Community Manager at MEST Africa, via email at marketing@meltwater.org or Ophesmur@meltwater.org.

About MEST Africa:
The Meltwater Foundation, the non-profit arm of the global media intelligence company Meltwater, was established in 2008 with a mission to stimulate economic growth in Africa through software entrepreneurship. Based in Accra, Ghana, the Foundation’s flagship program, MEST, offers a specialized tech entrepreneurial training to high-caliber talent from over 22 countries in Africa and invests in early to growth-stage startups.

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