The MEST Africa Challenge (MAC) is a Pan-African pitch competition for early-stage tech startups. Finalists pitch live to investors and corporates for a chance to win $50,000 in equity, join the MEST Portfolio, and access commercial pilots with Absa business units.
When is the deadline for applications?
September 26, 2025
Which fields qualify?
Fintech and other high-value value-chain solutions, including:
- Smart Credit & Alt-Lending
- Fraud & Trust Tech
- Agri-Tech Engines
- Financial Literacy Tools
- Insurtech
- Cross-Border Solutions
- Super-Apps
- Investment Gateways
…and more.
📌 The type:
Pan-African startup pitch competition offering equity funding and growth opportunities.
🧑💼 Who is eligible to apply?
- Early- to growth-stage startups
- In operation for < 3 years
- Monthly recurring revenue of at least $5,000 for 6+ months
- Raised ≤ $1 million in total funding
- At least two co-founders or team members
- Able to pitch in English
- Preferred: Registered as a Delaware C-corp or in a neutral jurisdiction
🧠 How Do They Choose Applicants?
Startups are evaluated on growth potential, relevance to fintech or high-value solutions, market traction, and team strength. Finalists pitch live to a panel of judges.
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🌍 Which nations are qualified?
Startups must operate in at least one of these markets:
Botswana, Uganda, Mauritius, Seychelles, Kenya, Mozambique, Zambia, or Ghana
📍 Where will the prize be accepted?
Benefits include live pitch opportunities, entry into MEST’s portfolio, and pilots with Absa across the African continent.
🎖 How Many Honors?
Several finalists will be selected; one overall winner receives $50,000 in equity, with additional benefits for others.
🎁 What Advantage Does the Award Offer?
- $50,000 in equity
- Entry into MEST Africa Portfolio
- Commercial pilot pathway with Absa
- Exclusive prizes from partners
- Strategic exposure and network access
⏳ What’s the Duration of the Award?
The pitch event and accelerator activities span several weeks leading up to the final competition in late 2025.
📝 How do I Apply?
Click the link below to fill out the application and pitch your startup.
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