Wema Bank and its digital platform ALAT just named the winners for their Hackaholics 6.0 competition in Lagos. The top prize for the Ideathon, worth twenty-five million naira, went to a project called Chao, which is a tool for food vendors. The Hackathon first-place winner is VOC AI, a software kit for gathering customer feedback from app notifications. They also gave out a bunch of other cash prizes to the finalists.
The bank's CEO, Moruf Oseni, used the event to push the company's commitment to backing young innovators in STEM fields. He pointed out the contest's growth, with over eleven thousand applications this cycle compared to far fewer the prior year. Oseni framed this support as a core strategic move for the bank, not just charity. He stated their intent to keep funding the people who turn African problems into solutions.
Historically, the Hackaholics program has handed out a significant amount of funding since it began, with specific mention of seventy-five million naira directed to women-led teams in recent years. The bank positioned the entire effort as part of its broader mission to empower lives through innovation.
The bank's CEO, Moruf Oseni, used the event to push the company's commitment to backing young innovators in STEM fields. He pointed out the contest's growth, with over eleven thousand applications this cycle compared to far fewer the prior year. Oseni framed this support as a core strategic move for the bank, not just charity. He stated their intent to keep funding the people who turn African problems into solutions.
Historically, the Hackaholics program has handed out a significant amount of funding since it began, with specific mention of seventy-five million naira directed to women-led teams in recent years. The bank positioned the entire effort as part of its broader mission to empower lives through innovation.
