Founder of delivery service Presto wins prize for young African entrepreneurs

STARTUP WATCH- 21-year-old Egyptian businesswoman takes home African innovation award: Alaa Moatamed has been awarded the grand Anzisha prize of USD 25k for her work co-founding delivery management service Presto, according to an announcementby the prize committee. Presto aims to help small business owners overcome operational hassles by providing fast and flexible delivery services. The Anzisha prize was created in partnership between the African Leadership Academy and Mastercard and recognizes innovation by Africa’s youngest entrepreneurs.