THE SUAFI HACKATHON
Join us at Strathmore University on January 25th to 26th as @iLabAfrica and ABSA BANK collaborate on a mission to discover, nurture, and applaud the pioneering fintech talent in Kenya. This hackathon goes beyond being an event; it serves as a launchpad for the future fintech leaders who will redefine the financial technology landscape in Kenya and beyond. Exciting cash prizes, mentorship opportunities, and exclusive access to incubation programs await the change-makers who emerge victorious. Don't miss out on the chance to be part of this transformative journey!
- To develop innovative solutions to real-world problems facing Absa Kenya and the Kenyan financial sector.
- To foster innovation and collaboration between Absa Kenya and Strathmore University students.
- To identify and support the next generation of fintech talent in Kenya.
THEMATIC AREAS
The hackathon's theme, aligning with the shared interests of Absa Kenya and @iLab Africa/Strathmore University, invites innovators to create cutting-edge solutions that redefine the banking landscape. This initiative fosters technological advancements and promotes customer-centric financial services.
Digital transformation
Developing solutions to help Absa Kenya digitize its operations and services.
Payments
Developing innovations around payment platforms to ensure efficient and seamless payment processing solutions
Hackathon Schedule
Upon registration, the hackathon will allow for sufficient time for ideation, coding and validation of ideas. The top submissions will be evaluated and presented during the Hackathon sessions @iLabAfrica/Strathmore University.
PRIZES TO BE WON
An expert panel will evaluate the hackathon projects, recognizing top performers with awards that include cash rewards, mentorship, and internship opportunities.
Third Place
KSHS50,000Cash Prize
Second Place
KSHS100,000Cash Prize
First Place
KSHS200,000Cash Prize
Frequently Asked Questions
Absa-SUAFI Hackathon in Collaboration with @iLabAfrica - Strathmore University FAQ's
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What is the Absa-SUAFI Hackathon in collaboration with iLab Africa/Strathmore
University?
The hackathon is a joint initiative between Absa Bank and iLab Africa/Strathmore University. It aims to inspire innovation in the banking sector by developing better solutions for the future, with a focus on Digital Transformation, Customer Experience, Financial Inclusion, and Payments.
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When and where will the hackathon take place?
Date: 25th January 2024 - 8:00 a.m. - 5:00 p.m. Venue: TransCentury Auditorium and @iLabAfrica
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Who can participate?
The hackathon is open to individuals or teams within the Absa and Strathmore University student communities with diverse skills, including developers, designers, business analysts, and fintech enthusiasts.
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How do I register for the hackathon?
Registration details will be available on the official hackathon website, datascience.strathmore.edu/hackathonFollow the outlined process to complete the registration.
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What are the thematic areas of the hackathon?
The hackathon will center around four thematic areas:
- Digital Transformation
- Customer Experience
- Financial Inclusion
- Payments
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Can a project address multiple thematic areas?
Yes, projects that integrate aspects of more than one thematic area are encouraged. However, it is crucial to ensure that the project aligns with the overall theme of advancing the future of banking for Absa Kenya.
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Can I start working on my project before the hackathon?
Yes, a project can start ideation before the hackathon. Once registered on the link, the initial submissions will be evaluated and grouped by the Judging Panel. Ideas of similar themes will be developed and participants can brainstorm ideas in advance, but the actual development should take place within the specified hackathon timeframe.
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What resources will be available during the hackathon?
Participants will have access to mentorship, workshops, and relevant data sets provided by Absa, SUAFI, and iLab Africa/Strathmore University.
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Can I use third-party APIs or pre-existing code in my project?
Yes, participants are allowed to use third-party APIs and pre-existing code, but they should disclose this information during project presentations.
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How will projects be judged?
Projects will be evaluated based on creativity, technical implementation, impact, and alignment with the hackathon's thematic areas. A panel of
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What are the prizes for the winning projects?
Prizes will be awarded including KSh. 200,000 for the Winner/1st Place, KSh.100,000 for the 2nd Place and KSh.50,000 for the 3rd Place. Other incentives will be mentorship opportunities and potential collaboration and internship for Absa for the students.
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What should I bring to the hackathon?
Participants should bring their own laptops, chargers, and any specific hardware needed for their projects. Additionally, personal necessities such as water bottles and snacks are advisable.
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How can I stay updated on hackathon announcements?
Regular updates, announcements, and additional information will be shared through the official hackathon website, social media channels, and email communications.
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How can I contact the organizers for more information?
For any queries or additional information, participants can contact the organizers through the provided contact details on the official hackathon website or through designated communication channels. Keep an eye on the official Absa-SUAFI Hackathon website and communication channels for the latest information and updates.
Contact
Location:
Strathmore University Student Centre,
Keri Road
P.O.Box 59857, 00200
Email:
datascience@strathmore.edu
Call:
+254 703 034 616