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These startups have emerged victorious after rigorous pitch sessions - beating out 40 competing startups from Ghana, Kenya, Nigeria, Senegal, and South Africa - and will now go on to compete for the grand prize of $50,000 in equity. The finalists represent diverse sectors, including fintech, health tech, e-commerce, and edtech.
The finalists are expected to pitch for the winning prize money at the end of January, during an event that will be organised and hosted by MEST Africa, in partnership with Absa Bank.
Ashwin Ravichandran, portfolio advisor at MEST expressed his excitement about the upcoming finals: “The top 5 finalists of the 2023 MEST Africa Challenge are a testament to the remarkable innovation and potential within Africa's tech ecosystem. Each startup has shown incredible prowess in their fields. We eagerly anticipate their presentations at the final demo day, where they will connect with our dynamic network of entrepreneurs, investors, and partners.”