Wema Bank has awarded N300 million to 11 winning teams at the seventh edition of its Hackaholics innovation programme, to support the development and commercialisation of technology-driven solutions addressing economic and societal challenges.
“With Hackaholics 7.0, we are putting our money where our mouth is. The N300 million awarded to this year’s winners reflects our confidence in their ideas and our commitment to backing the next generation of entrepreneurs and technology leaders. We are investing in businesses that can create jobs, transform industries, unlock opportunities and contribute meaningfully to Nigeria’s economic growth.
“Through Hackaholics, we will continue to identify promising talent, support groundbreaking solutions and empower the people building a better future for Nigeria and Africa.”
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The overall winner, Nwose, said the award would support efforts to expand his agricultural technology solution and strengthen its capacity to connect African farmers to international buyers.
He said, “I feel super excited, I give praise to God at the end of the day. We built a solution that connects African farmers to international buyers and we didn’t just stop there, we want to be able to provide credit for them to grow from horizontal farming to greenhouse so beyond just export, beyond just straight finances we then what you to be able to process locally.
“And this shows that Wema Bank is backing companies that are building the future in Nigeria.”
