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WEMA BANK UNVEILS TOP 25 FINALISTS FOR HACKAHOLICS 4.0 GRAND FINALE

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Nigeria’s foremost innovative bank and leading financial institution, Wema Bank, has unveiled the top 25 finalists that will be competing for over N50,000,000 cash prize in the grand finale of Hackaholics 4.0, happening live at the maiden edition of the Africa’s largest gathering of technology experts and digital revolutionaries; the Hackaholics Digital Summit, on Friday, October 6, 2023, in Lagos.

The Top 25 finalists are: Daniel Babalola for Team Talo, Adeniyi Daniel for Team TouchNut, David Campbell for Team Naija Box, Ebulue Ifeanyichukwu Henry for Team Raptor, Jane Agbaohwo for Team Ireti, Raphael Fynecontry for Team Qevolt Limited, Oluwayemi Victoria Oluwapelumi for Team Crox Technologies Limited, Joshua Mosinmiloluwa Ajadi for Team District 7, Bonojo Adedayo for Team Pup Industries, Tochukwu Ifeanyi for Team Outsidee, Olukayode Fadairo for Team mumAlive, Kingsley Obasi for Team Telehealth Support, Seriki Sogo for Team SitiPass, Efemena Hilda Onovre for Team Nadir, Oluwatimilehin Ogunme for Team Trakka, Nelson Nelson-Atuonwu for Team Grip, Godfrey Ayaosi for Team Afrilingo, Oluwatoyin Ajayi for Team Travel Buddy, Gift Akobundu for Team Shopalz Chai, Olabanji Taiwo for Team Waste2Life, Macaulay Precious Teinna for Team Chekka Inc., Gladness Akinpelu for Team Oak, Victor Ojo for Team Favorite Doctor, Idiare Grace for Team VarsityScape and Damilare Ololade for Team UniversityX.

Hackaholics is Wema Bank’s youth & start-up focused initiative designed to provide a platform for young innovators with game changing, tech-driven ideas and products, to bring their creative ideas to life, hone their skills and gain a competitive edge in the global technology and digital space. Since its launch in 2019, Hackaholics has toured the six geo-political zones in Nigeria including 37 universities across Africa, sourcing creative undergraduate students, youth and start-ups, challenging them to innovate and create practical solutions to real-life problems, using technology.

Since inception, at least 300,000 lives and businesses across the country have leveraged the visionary hackathon to make their big break into the tech industry and transform their passion for technology into sustainable sources of income, earning grants of over $200,000 from Wema Bank. The ongoing 4th edition of Hackaholics, dubbed Hackaholics 4.0: Reimagine, has seen participants pitch compelling creative ideas for impactful solutions that would ease struggles across 10 different areas of human life: Education, Climate, GovTech, Health, Gender-based Violence, Financial Inclusion, Entertainment, Fintech, Insurance and CivicTech. Now pared down to 25, the best performing contestants have been unveiled as the Top 25 finalists in the Hackaholics 4.0 competition.

The legendary Hackaholics grand finale week is here, and the finalists have convened in Lagos for a week-long programme of strategic digital empowerment activities, carefully curated by Wema Bank. Over the first few days, finalists received one-of-a-kind executive mentorship from renowned national and global technology corporations like Microsoft, KPMG, Samsung, Paystack, Flutterwave and Dream Space, among others. This would equip them with hands-on insight and prepare them for the Hackaholics 4.0 grand finale pre-pitch on Thursday 5th October 2023, where the pre-pitch judges will select the Top 10 finalists that would compete in the Hackaholics 4.0 grand finale. The winners will be chosen at the grand finale on Friday 6th October 2023, through a rigorous selection process anchored by an esteemed panel of 3 judges: Ireayomide Oladunjoye, the MD/CEO of Endeavor Africa, Adeoluwa Akomolafe, the Chief Information Officer of Wema Bank and Ayodele Olojede, Wema Bank’s Divisional Head, Retail and SME.

Once again, Wema Bank raises the bar for holistic banking and financial services in Nigeria, with over N50,000,000 cash prize distributed across 5 categories; The winner gets N15,000,000, 1st runner-up gets N10,000,000, 2nd runner-up gets N7,000,000, N5,000,000 is reserved for any female-led team to encourage more women to key into tech, while N22,000,000 is disbursed in University Stem endowment.

Wema Bank is undeniably the foremost organisation in Nigeria to host a campus-based ideathon of this magnitude for young Nigerians across Nigeria. With each solution, partnership and initiative, the pioneering financial institution continues to orchestrate a seamless financial, economic and digital innovation ecosystem to enhance Nigerian lives and businesses, support goals and drive economic growth and national development.

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Technology

Jumia Nigeria kicks off Tech Week 2024

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Consumers in Nigeria to leverage the campaign to upgrade their tech devices

Lagos, (Nigeria), March 18th, 2024 – Jumia, the leading pan-African e-commerce platform, has commenced its annual ‘Tech Week’ campaign, offering exciting deals and the latest gadgets to help Nigerians elevate their tech experience. This year’s theme “Upgrade Your Experience” focuses on empowering consumers to embrace the transformative power of technology. The campaign running from March 18th to March 31st, 2024, provides millions of consumers with the opportunity to snag amazing deals on a wide range of tech essentials, from cutting-edge smartphones and laptops to top-of-the-line home appliances and entertainment systems. Partnering with top brands like Infinix, Tecno, Xiaomi, Oraimo, Binatone, Haier Thermocool, Sun King and Itel, Jumia ensures a diverse selection of high-quality products across different categories. “We’re thrilled to present Jumia Tech Week 2024, a platform to bridge the digital gap and empower Nigerians with the latest technology. With the continuous rise in smartphone adoption and internet penetration in the country, the demand for accessible tech is stronger than ever. Through strategic partnerships with top international and local brands, we aim to make tech upgrades a reality for all. During this campaign, consumers will have access to a wide range of high-quality tech products at the best prices,” said Sunil Natraj, CEO, Jumia Nigeria. Commenting on the partnership with Jumia for Tech Week, Oluwayemisi Ode, Integrated Marketing Communications & PR Manager, Infinix Nigeria, said “Infinix is thrilled to once again partner with Jumia for Tech Week 2024. Our partnership with Jumia exemplifies our commitment to providing customers with access to cutting-edge smart mobile devices at best value. Jumia’s reach as Africa’s leading e-commerce platform provides the perfect platform to showcase Infinix’s cutting-edge smartphones, and accessories to a wider audience. This year, we’re particularly excited to offer Tech Week shoppers exclusive deals on our latest devices, making it the perfect opportunity for consumers to upgrade at the best prices. With over 103 million internet users reported at the start of 2024, Nigeria continues to witness a surge in internet penetration, exceeding 45%. Smartphone adoption is also on the rise, highlighting the growing appetite for technology amongst Nigerians. Jumia Tech Week caters to this evolving landscape, providing a platform for seamless access to the latest tech essentials. Beyond just amazing deals, Jumia Tech Week offers exclusive flash sales with further discounts on select products, exciting giveaways and contests throughout the campaign, as well as a seamless online shopping experience with secure payment and pay-on-delivery option. ***END*** About Jumia Jumia believes that technology has the potential to transform everyday life in Africa for the better. Jumia was built to help consumers access millions of goods and services conveniently and at the best prices while opening up a new way for sellers to reach consumers and grow their businesses. Listed on the New York Stock Exchange (NYSE) in 2019, Jumia is the leading e-commerce company in Africa, operating in 11 countries. The Jumia platform consists of a marketplace, which connects sellers with consumers, a logistics service, which enables the shipment and delivery of packages from sellers to consumers, and a payment service, JumiaPay, which offers a safe and easy solution to facilitate online payment transactions. The company offers goods across a broad range of categories, such as phones and electronics, home appliances, fast-moving consumer goods, fashion and beauty. For more information about Jumia, follow us on LinkedIn: Jumia Nigeria and Twitter: JumiaNigeria

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Technology

Staying Connected with WhatsApp Channels: Four Things You Need to Know

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Today, over 2 billion people across more than 180 countries use WhatsApp to connect with friends and family, making it probably the world’s most widely used private messagingservice.

And now, people are using WhatsApp for more than just messaging friends and family.Introduced last year, WhatsApp Channels is a new feature that gives people an easy way to get updates and information straight from the individuals and organisations that matter to them.

Whether you’re into keeping up with football clubs, content creators, or celebrities, you can now do it on WhatsApp Channels. If you’re new to WhatsApp Channels, here are four things you should know:

1. Easily find your favourites

You can find Channels to follow that are automatically filtered based on your country. You can also filter Channels by those that are new, most active, and popular.

2. Separate from your personal chats

WhatsApp Channels can be found in a new tab called Updates – separate from your personal chats with friends and family. Anyone can choose to follow a Channel by browsing and following the Channels they’re interested in.

3.   Simple and user friendly:

Find and follow your favourite creators, celebrities and organisations and stay up to date with updates, shared as text, photos, videos, stickers, voice messages and even polls. As a follower, you can react to Channel updates using emojis to give feedback and see a count of how others reacted too. How you react will not be shown to other followers.

4.. Private by design

WhatsApp Channels come with strong privacy protections that people expect from WhatsApp. As a WhatsApp Channel admin, your phone number and profile photo are kept private from followers. Similarly, when you follow a Channel, your phone number is not visible to the admin or other followers. 

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Finance

Interswitch Spotlights Digital Payments Innovation in Microfinance Banking at TechConnect in Port-Harcourt

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Interswitch


Interswitch, one of Africa’s leading integrated payments and digital commerce companies, recently hosted the Port-Harcourt edition of its TechConnect event, bringing together industry leaders, experts, and stakeholders to explore the transformative impact of digital payments in the microfinance sector.
The event featured an insightful keynote address delivered by Tyoyila Aga, Group Head, Financial Services Business, Digital Infrastructure & Managed Services (Interswitch Systegra) on the latest trends in digital payment solutions, such as mobile wallets, QR codes, and contactless payments, emphasizing their pivotal role in shaping the future landscape of microfinance banking. Attendees also gained valuable insights into the technological advancements that are revolutionizing financial services and the potential these innovations hold for financial inclusion and economic empowerment.
Speaking at the event, Aga noted that digital payments innovation is big for the microfinance sector as it comes with opportunities for growth, and ultimately, financial inclusion, hence the reason Interswitch is at the forefront of driving the growth of digital payments across the country and beyond.


He said, “We are excited to have come this far in propagating the good news around what digital payment innovation holds for our microfinance sector. At Interswitch, we are all about innovation and as a company committed to driving the digital transformation of Nigeria’s financial services, we are proud to play a leading role in shaping the future of microfinance banking.”
This year’s Techconnect series has been successfully hosted in Ibadan, Abuja, Enugu, and most recently Port-Harcourt, with the event train expected to move to Lagos for the final.


The event also featured panel discussions, where industry leaders engaged in conversations on different strategies for growth in the microfinance sector, sharing their perspectives on leveraging digital technologies to drive growth in the financial sector. The discussion covered topics ranging from cybersecurity and regulatory compliance to the integration of emerging technologies, providing attendees with a comprehensive understanding of the multifaceted aspects of digital transformation.
At the event, customers were rewarded for their engagement, loyalty and support over the years. Interswitch, as a pioneer in the digital payments space, reiterated its commitment to fostering a customer-centric approach and delivering solutions that cater to the evolving needs of the Nigerian payments ecosystem.
Interswitch says it remains dedicated to advancing Nigeria’s digital payments system and fostering an ecosystem that supports financial inclusion, innovation, and sustainable growth.

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