Wema Bank Hackaholics 6.0: Empowering Nigerian Innovators with Over N150 Million in Cash Prizes
Wema Bank has officially launched the 6th edition of Hackaholics, its flagship innovation program designed to inspire and support tech-driven entrepreneurs, startups, and creative problem-solvers across Nigeria and beyond.
This year’s event promises to be bigger and more inclusive than ever, offering up to N150 million in cash rewards and funding for outstanding ideas that have the potential to reshape industries through technology.
What is Hackaholics?
Hackaholics is Wema Bank’s open innovation challenge—an annual platform where bold thinkers, developers, and entrepreneurs collaborate to develop transformative solutions that address pressing real-world challenges. The initiative fosters a thriving ecosystem of visionaries across tech, design, and business, with a strong focus on impact, scalability, and inclusion.
Who Can Apply?
Hackaholics 6.0 is open to everyone, regardless of background or profession. Whether you’re a student, a startup founder, a seasoned developer, or simply a passionate innovator with a disruptive idea, you are encouraged to apply.
You don’t need to have a computer science degree or even be a programmer. All that’s required is a problem-solving mindset and the drive to create solutions that can change lives.
Tracks in Hackaholics 6.0
This edition introduces two major tracks:
- The Hackathon: A high-energy coding competition where developers and tech teams build and present working digital solutions.
- The Startup Pitch Competition: A spotlight for entrepreneurs to pitch their groundbreaking ideas to a panel of investors, executives, and tech leaders.
Why You Should Join
Participants in Hackaholics 6.0 stand to gain:
- Cash Prizes & Funding: Winners can access up to N200 million to grow and scale their solutions.
- Expert Mentorship: Learn from top professionals in finance, tech, and innovation.
- Access to Advanced Tools: Utilize Wema Bank’s APIs and modern technology to bring your ideas to life.
- Recognition: Gain visibility with top investors, decision-makers, and tech communities.
- Career Opportunities: Stand a chance to secure internships or full-time roles with Wema Bank’s innovation division.
- Networking: Engage with fellow entrepreneurs, tech talents, and business experts from across Africa.
Program Timeline
- Stage 1: Application Phase – Open to individuals and teams across Nigeria.
- Stage 2: Regional Preliminaries – Selected teams compete locally with mentorship support.
- Stage 3: Demo Day – Top teams showcase their solutions before a panel of judges.
- Stage 4: Grand Finale – Winners receive funding, mentorship, and possible partnership opportunities with Wema Bank.
Locations
The competition will hold across key regions in Nigeria and other parts of Africa, including:
- South-West: Lagos, Oyo, Kwara, Ondo, Ekiti, Ogun
- South-East: Enugu
- North-West: Kaduna
- North-Central: Abuja
- South-South: Akwa Ibom
- Rest of Africa: Nairobi (Kenya), Accra (Ghana)
Application Deadline
Applications are currently ongoing. Interested candidates are encouraged to apply as early as possible to secure their spot.
Click here to apply now and become part of a movement shaping the future of African innovation.