BY PAUL TENTENA
KAMPALA, UGANDA- The NFT Mawazo Innovation Hub, a division of NFT Consult that was established to support emerging Next generation ICT businesses through accelerated technology commercialization was declared the winners of the second season of the Data Hack 4 Finance competition 2018.
NFT MAWAZO shrugged off competition from nine other competitors from fintech companies paired with data scientists in Uganda to take home $5000 grand prize.
They were showing how they can use their existing data to solve financial inclusion challenges.
Patrick Kadama the NFT Mawazo Innovation Hub Service Delivery Partner, said it created a unique space for tech entrepreneurs, academics, researchers investors and venture capitalists to meet, network and collectively work towards growing the Ugandan economy through innovation.
Other teams that participated included Sophie Nanteza who paired with Future Link Technologies, Brian Musisi paired with Akello Bank, DICKSON KATTO paired with Sula Pay, Otim Samuel paired with Moquid, Steven Ntambi with mcash, Vitalis Asiku with True African, Nelson Mulera Mugisha with MamboPay and Edward Omara with EzeeMoney.
Liquid Telecom in partnership with Financial Sector Deepening Uganda organized the DataHack4FI season 2 grand finale on 19th April 2018 at Protea Hotel Kampala.
In October 2017, Liquid Telecom announced that it is supporting start-ups entering insight2impact’s (i2i) DataHack4FI innovation competition, which aims to harness the power of data science to develop new evidence-based solutions to improve financial inclusion.
As part of Kampala Innovation Week, which ran from November 27 to December 1, The Innovation Village hosted the DataHack4FI competition Season 2 where Liquid Telecom provided entrants with free high-speed connectivity and credits for Microsoft Azure.
“Uganda is home to one of Africa’s youngest and most exciting start-up ecosystems,” said Hans Haerdtle, CEO, Liquid Telecom Uganda at the launch of the DataHack4Fi competition in November last year. “We are delighted to be able to support young entrepreneurs across the country, who will be instrumental in developing solutions to some of society’s largest problems.”
The overall winner will represent Uganda at the Data Hack for Finance African Competition to be held in Kigali, Rwanda later in the year.