Wema Bank earmarks over N70 million for youth across Africa as part of Hackaholics 5.0

WEMA Bank, Nigeria first of all innovative bank And pioneer of Africa First of all fully digital bank, ALAT, has officially announcement THE launch of THE fifth editing of It is flagship youth And focused on startups technology competition, Hackaholics.

This announcement was do has THE press conference has announce Hackaholics 5.0 detained has THE Banks Head Desk In Lagos on THURSDAY, April 18.

Hackaholics East A annual technology And innovation competition born by Wema Bank In 2019. This revolutionary annual Hackathon provides A platform For young Nigerians with technology focused ideas has bring their game changer ideas has life, ladder their companies And to access A wider walk For these technology compatible solutions. Hackaholics has, on 4 editions, transformed thousands of lives And companies through THE country, portion Nigerian Youth has build their own Start-ups, create sustainable sources of income And earn A competitive edge on THE global technology And innovation scene.

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With THE theme: “Meta idea: DigiTech Solutions For Africa Prosperity", THE 5th editing of Hackaholics promises A total species price of on 70,000,000 naira For high innovators through Africa. This grandiose ladder editing will be accomplished on A six months period, tour ten The universities through Africa And difficult THE Youth has not unique, innovative And practical Digi-Tech solutions has positively impact THE acceleration of progress, development And prosperity not just In Nigeria but through THE African continent.

Reaffirming THE banks commitment has defend innovation And accountability innovators, Wema Banks Executive Director of Retail And Digital Business, Toundé Mabawonku, underlines THE role of Hackaholics In bridging THE gaps In Africa macroeconomic landscape through innovation. According to has him, "OUR assignment as A bank East very clear, “Empowerment Lives Through Innovation' And This East THE exact aim behind Hackaholics. In THE bank, We to have transformed THE Status what And redefined THE standards with avant-garde solutions And technology, Thus OUR position as Nigeria most innovative bank, but We doesn't END there. With Hackaholics, We to have taken OUR innovation to drive out THE bank, accountability youth For success And facilitate THE development of transformer solutions adapted has THE needs of miscellaneous Nigerians And even THE African population.

"By kissing innovation, to favor A culture of collaboration, And to prioritize customer orientation, We to have And will continue has transform And position Wema Bank as A digital chief, In action, some products And services. OUR aspirations are not simply about execution new technologies; they are about fundamentally transform how We function, has be Simple, Seamless, Practical And Reliable In service has OUR customers".

According to has him, Hackaholics align with THE sustainability vision of THE bank, 'Development Digital Solutions For Societal Impact'.

On THE years, Wema Bank has has been privileged has not only a look In a few very insightful ideas, lifestyle change some products And companies that to have has been created via This platform but Also to drive sustainable growth In each vertical of THE Nigerian economy.

This year, 'We strive has develop In pan-African borders, socket THE Magic Since THE Hackaholics form beyond Nigeria. As Walt Disney said, ideas come Since curiosity'. SO how can We improve THE health sector through Africa? How can We transform THE education sector? How can We to drive positive change through miscellaneous vertical? Hackaholics East THE platform that not only challenges creative spirits And spades curiosity has bring those ideas has life, but Also provides invaluable tools And resources has amplify THE ideas, socket them Since Idea has Product For THE world has advantage. Interesting way, Hackaholics himself came And began as A idea. And Today he has metamorphosis In THE formidable Platform We see Today. With Hackaholics, We are on THE path has childbirth And discover another Unicorn In Africa, And I hope that You will stick with We as This journey unfolds", Mabawonku said.

Explain THE details of Hackaholics 5.0, Wema Banks Head of Innovation, Solomon Ayodele added, "THE theme For This year East “Meta idea: DigiTech Solutions For Africa Prosperity'. THE theme East anchor on two main factors—The Meta Idea And African Prosperity. We are difficult THE youth has develop extraordinary ideas that will presentation practical solutions has OUR local problems as Africans. This year, We are enlargement OUR scope through THE six geopolitics areas In Nigeria, And We are Also moving Africa. As You can know, We spear THE Hackaholics Digital Summit last year, climax THE Hackaholics 4.0 journey In grandiose style. This Yeah...