Private Equity

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MEST

MEST is the Entrepreneurial Support Organisation of the Meltwater Foundation. It delivers full-time, in-person intensive tech-entrepreneurship training to...

MEST logo

MEST

MEST is the Entrepreneurial Support Organisation of the Meltwater Foundation. It delivers full-time, in-person intensive tech-entrepreneurship training to emerging talent from more than 22 African countries and provides early-stage investment to promising ventures. Since 2008, MEST has trained 2,000+ entrepreneurs and invested in 90+ startups across Africa, supporting founders building companies that solve real problems through technology.

General information

Firm type

Private Equity

Year founded

2008

Location

Region

Africa

Country

Ghana

City

Accra

Corporate office

Accra, Ghana

Additional offices

Lagos · Nairobi · Cape Town

Principals

Jorn Lyseggen

Founder of MEST

Natasha Nissar

Board Member at MEST

Ashwin Ravichandran

Programs and Portfolio Advisor

Greg Coussa

Strategic Director

Emily Fiagbedzi

AI Startup Program Director

Femi Adewumi

MESTx Operations Director

Abena Opeibea Anie-Budu

Venture Partner

David Quartey

Senior Finance Manager

Sector focus

Enterprise SoftwareFinTechDigital HealthAgriTech & FoodTechEdTechClimateTech

Frequently asked questions

Who runs investment decisions at MEST?

MEST's investment decisions are made by its internal fund managers and entrepreneurs-in-residence, who evaluate startups graduating from the 12-month training program. The firm does not publicly name a single CIO or investment committee chair. Decisions rely on direct observation of founders during the residential program, not conventional fund-sourcing channels.

How does MEST source proprietary deal flow?

MEST's pipeline is generated entirely through its own training program. Over 50 entrepreneurs are selected annually for a stipended, residential curriculum across four African tech hubs. Graduates who build viable software businesses are eligible for seed funding, giving MEST a 12-month observational window before writing a check. This captive-sourcing model is unusual among African seed-stage investors.

What investment stages does MEST typically target?

MEST targets pre-seed and seed-stage software companies, entering at the earliest phase of commercialization. Investments are tied to the graduation cycle of its residential training program, meaning the firm deploys capital after founders have spent up to a year building prototypes and validating markets under MEST supervision.

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