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.
Led by serial entrepreneur Jorn Lyseggen, 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).
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.
The MEST incubator has appointed Aaron Fu as its new Managing Director. This comes as the innovation hub scales up its presence across Africa.
Fu takes the Pafter two years as Managing Partner at early stage VC firm Nest. He also co-founded Metta Kenya, a Nest backed space in Nairobi for tech entrepreneurs and investors. Interim MEST MD Katie Sarro will shift to Head of Partnerships and Fundraising.
Fu plans to focus on the incubator’s continued expansion. “A very big part of that is figuring out what elements we’ve rolled out in Accra that will scale to the rest of the market,” he told TechCrunch. “As the organization transitions to becoming a multi-country entity, there’s going to be some organizational changes…to make sure MEST’s impact also scales.”
“We want to connect our…startups to markets, resources customers, and teams from all across Africa to make their dream of building truly pan African companies a reality,” said Fu.