CBN/AFF eNaira Hackathon 2022/ How to Apply

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As part of efforts to drive financial inclusion, facilitate macroeconomic growth and integrate the Nigerian economy into the world’s leading economies through innovation and cutting-edge emerging technologies, the Central Bank of Nigeria (CBN) and Africa Fintech Foundry (AFF) have opened eNaira Hackathon.

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Applications will be opened to participants across the continent. The Hackathon structure will be Hybrid (Physical and Virtual). The physical event will hold in AFF premises for Lagos and a designated location by CBN in Abuja.

Innovators will develop use cases for eNaira in the following target areas. There is also an option to innovate outside these areas [Wildcard Innovations].

SEE ALSO: Idea Hatch (iHatch) 2022 Startup Incubation Program 2nd Cohort for Nigerian Entrepreneurs

Objectives:

  1.  Macroeconomic Growth: Improve macroeconomic management and growth in the country and continent at large.
  2. Cross-Border Trade: Facilitating cross-border trades between various countries in Africa and across the ocean
  3. Financial Inclusion: Exploring various products that will bring banking services to the unbanked
  4.  Monetary Policies: Exploring various solutions to efficiently manage the supply and demand of money in the country
  5.  Improved Payments: Improving the Infrastructure for payments and ensuring little to no failures
  6. Improved Tax Collection: Efficiently collecting taxes for the government and ensuring debtors are easily recognised
  7.  Improved Remittances: Improving the flow of foreign currencies into the country and ensuring it is properly recorded
  8. Targeted Interventions: Easily carry out interventions such as social interventions in times of crisis and ensure it gets to the citizens individually.

 

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How to Apply

Interested participants should visit the eNaira Hackathon website at https://affcbnhack.com to register for the event.

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DISCLAIMER: Do not pay or release sensitive financial details to any organizer/recruiter unless futher verified from your end.
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