Hedera Africa Hackathon launches with $1M prize pool and Web3 focus

2 weeks ago

The Hashgraph Association and the Exponential Science Foundation person launched the Hedera Africa Hackathon 2025, a planetary lawsuit designed to accelerate Web3 and artificial quality adoption crossed the African continent.

With a prize excavation of $1 million, the hackathon volition tally from Aug. 1 to Sept. 30 and aims to pull implicit 10,000 participants crossed 15 African countries, according to a property merchandise shared with Cointelegraph.

Organized by 2 nonprofit organizations — the Switzerland-based Hashgraph Association and the tech research-focused Exponential Science Foundation — the lawsuit is unfastened to developers, students, and entrepreneurs worldwide.

“We purpose to usage technologies that converge Web3 with AI to make transparent cognitive solutions that optimize processes and facilitate decision-making and automate the execution,” said Kamal Youssefi, the president of the committee of directors astatine the Hashgraph Association.

All solutions volition beryllium built connected the Hedera web crossed 4 tracks: onchain concern and real-world plus (RWA) tokenisation; ESG sustainability and traceability; self-sovereign individuality (SSI) and AI; and gaming, metaverse and non-fungible tokens (NFTs).

Up to 15 outstanding teams volition person prizes based connected innovation, interaction and alignment with the hackathon’s goals.

This Hackathon covers ample areas successful Africa, with onsite events successful implicit 20 African cities specified arsenic Lagos, Cairo, Nairobi, Kinshasa, Cape Town, Casablanca and Tunis.

Interest successful Africa’s Web3 imaginable is growing, with much than 50 partners and 100 universities and tech hubs having already joined the Hedera Africa Hackathon.

Africa’s Web3 talents are poised for planetary impact

Due to precocious inflation, a anemic banking strategy and wide corruption, galore radical successful Africa deficiency entree to reliable fiscal services. This creates opportunities for Web3 projects similar Jambo and Yellow Card to connection alternatives for redeeming and earning.

Kamal highlighted Africa’s spot successful its “young colonisation with ambitious tech talents”. He cited Hedera’s partnership with Orange, a telecommunications operator, to motorboat integer empowerment programs crossed 16 African countries — initiatives that “include training, certification and the constitution of incubation and accelerator centers”.

“Africa brings a unsocial vantage to Web3: a demographic borderline and a proven capableness for integer adoption,” said Paolo Tasca, enforcement president of the Exponential Science Foundation. “Yet barriers remain, peculiarly successful foundational infrastructure and education.”

Governments are besides ramping up endowment development. Nigeria, for example, precocious launched an yearly inaugural to bid 1,000 citizens successful artificial quality and blockchain technologies.

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