The WEMA Hackaholics initiative has disclosed that it will award the best innovators in Africa through its start-up-focused tech competition, Hackaholics 6.0.
The event-themed “Staying Beyond Algorithm” started March 7th and brought together Nigeria’s brightest innovators from universities and tech communities to pitch their digital solutions designed to drive economic and social progress.
These innovators will pitch their Digi-Tech solutions designed to solve real-world problems and contribute to Africa’s economic and social progress.
The Sixth Edition of Hackathon is all about positioning Wema and supporting the country in its digital aspiration, and Wema deliberately celebrates its plans for the 80th anniversary of the financial institution founded on May 2nd 1945.
The initiative Hackaholics launched in 2019 is committed to innovation and transformation positioned for the future and asks questions of what is required for transformation in Nigeria to do well in the future.
The key element of that is providing a platform for young minds to express themselves through technology and look for solutions that can impact society.
According to Tunde Mabawonku, Executive Director of Retail and Digital, “Hackaholics come on with solutions that supported the country’s solution that has had an impact on people coming up with applications to help for early cancer detection solutions for transportation and health”.
He added that as a financial institution, we should put our money where our mouth is we have seen over the last few years a lot of emphasis on the creative economy.
“Excellent good impactful a lot of emphasis on shows is that support creativity, we also have to those investment in technology to lead us the creative industry that is striving in Nigeria and across the world. We are proud one of the leading lights of technology and the leading light in driving this transformation”.
Olusegun Adeniyi, the Chief Digital Officer, highlighted that the sixth edition seeks bold content that leverages transformative technologies to address pressing challenges across various sectors, particularly interest in areas of technology, also placing strong emphasis on user experience scalability.
“At Wema, we believe that the next phase of builders is not seasoned professionals but young tech enthusiasts with brilliant minds with fresh ideas and perspectives”.
“We build to change the world. The sixth edition is an opportunity for these young innovators to bring their ideas to life at this point. I would urge anyone interested to visit the website you will find the program schedule eligibility criteria and application process,” he added.
Babatunde Mumuni, the Chief Transformation and Innovation Officer, said the program will be launched on the 7th of March seeing a couple of people participating in AI and a data-driven customer engagement platform that will enable businesses to send personalized Wema Bank Launches Hackaholics 6.0 to Empower Young Innovators.
Wema Bank has launched Hackaholics 6.0, a startup-focused tech competition designed to reward Africa’s brightest innovators. Themed “Staying Beyond Algorithm,” the event, which began on March 7, brings together top talents from universities and tech communities to pitch solutions that address real-world challenges and drive economic and social progress.
The sixth edition of the Hackathon aligns with Wema Bank’s commitment to digital transformation while marking its 80th anniversary. Since its inception in 2019, Hackaholics has served as a platform for young minds to develop innovative solutions across key sectors, including healthcare, finance, and transportation.
According to Tunde Mabawonku, Executive Director of Retail and Digital, past Hackaholics projects have included early cancer detection technology, transportation solutions, and AI-driven health innovations. He emphasized Wema Bank’s commitment to investing in tech-driven solutions that benefit society.
“We believe in supporting the creative and tech industries, ensuring young innovators have the resources to drive transformation,” he said.
Olusegun Adeniyi, Chief Digital Officer, noted that Hackaholics 6.0 seeks bold, scalable solutions while fostering fresh ideas from young tech enthusiasts.
Babatunde Mumuni, Chief Transformation and Innovation Officer, highlighted key innovations in this year’s competition, such as AI-powered customer engagement platforms, mobile healthcare apps, and payment automation solutions.
Past winner Sofia Sadiq, whose mental health tech solution won the Women-Led Prize, credited Hackaholics for accelerating her startup’s growth.
Hackaholics 6.0 reaffirms Wema Bank’s role as a leader in digital innovation, providing a launchpad for young African innovators to bring groundbreaking ideas to life.
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