presents the Startup Accelerator Program.At a press conference in Lagos, Wema Bank, Nigeria’s most inventive bank and the forerunner of Africa’s first entirely digital bank, ALAT, announced the launch of Hackaholics 6.0, with the theme Beyond Algorithms: Engineering Disruptive Innovation.
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In order to create a dynamic platform where engineers, designers, business strategists, and problem solvers can work together to address real-world difficulties, the sixth edition of Hackaholics has been expanded to incorporate both hackathon and ideathon forms.
With a heavy emphasis on utilising cutting-edge technology, especially artificial intelligence (AI), Hackaholics 6.0 seeks to revolutionise important sectors like financial inclusion, healthcare, education, and sustainable agriculture. The launch of the Wema Bank Accelerator Program, which aims to fill a significant gap in startup development—funding without strategic support—is a major feature of this edition.
The initiative will act as a springboard for game-changing concepts, offering businesses access to critical networks, capital, and mentorship to enable them to grow. With activations in important African digital hotspots, Hackaholics 6.0 will go beyond Nigeria in keeping with Wema Bank’s ambition for continental growth.
The bank’s objectives of developing a pan-African innovation ecosystem, bringing together talent to accelerate ideas, and establishing Wema Bank as a pioneer in forming Africa’s digital future are all supported by this growth.
The CEO and Managing Director of Wema Bank, Moruf Oseni, explained his goals for Hackaholics 6.0: “Hackaholics was founded to enable Nigeria’s most brilliant minds to tackle practical issues and propel technical breakthroughs. With Hackaholics 6.0, we’re going one step further this year as we commemorate our 80th anniversary.
This edition focusses on creating disruptive innovation that will change industries and change people’s lives, not just problem-solving. We are launching the Wema Bank Accelerator Program, a strategic effort created to give businesses the resources, guidance, and tools they require in order to grow and succeed, in order to support this mission.
Hackaholics 6.0 is a movement to empower the next generation of problem solvers and influence Africa’s and Nigeria’s future, not just an event. “We invite developers, designers, business strategists, and problem solvers from across Africa to join this transformative journey,” Oseni added, underscoring the role that innovators can play.
Hackaholics 6.0 and the accelerator program are made to help you, regardless of whether you are just brainstorming or have a product that is ready for the market. To apply and join this movement to develop innovative innovation that tackles real-world problems and leaves a lasting impact, go to hackaholics.wemabank.com.
At the press conference, Ugonna Ginigeme, the grand prize winner of Hackaholics 5.0 and co-founder and CEO of Feegor, expressed his delight and gratitude: “We emerged the winner, The Meta Lord at Hackaholics 5.0.” It was an extremely thrilling time. For us, this is still an extremely exciting time. We are not merely creating a Nigerian startup here at Feegor. The African market is the target of our construction. We think we’ll be the best.
And having Wema Bank as a reliable partner makes us incredibly happy. Everyone who is motivated and interested in creating a fantastic startup, including developers and startups, should apply, I would like to say. And I can tell you that success is assured if Wema Bank is your partner.
Since 2019, Hackaholics has enabled Nigeria’s most talented individuals to tackle practical issues, propelling technology progress and assisting innovative enterprises. Wema Bank underlines its dedication to developing problem solvers who will remodel Nigeria’s future and propel revolutionary change throughout Africa as Hackaholics 6.0 gets underway.