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MEST looks to raise $50mln for startups

Meltwater Entrepreneurial School of Technology or MEST, a pioneer of the startup hub model in Africa, is planning to raise a $50 million venture fund to back both MEST-trained and non-MEST trained entrepreneurs and their teams. In addition, it plans to open incubators in Nairobi and Lagos later this year, and be ready to open additional incubators in Johannesburg and Cape Town in 2017.

Read more at Quartz…

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