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Company to host tech competition

by Ikenna Ngere
April 20, 2023
in Business News, News
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Company to host tech competition
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AFEX has opened applications for the ag-hackathon component of its Code Cash Crop event for talents in Nigeria and Kenya.

According to the firm, its annual Code Cash Crop event theme ‘Scaling Market-Led Solutions,’ will be held in August 2023. It stated that its event harnesses innovation across the agriculture, finance, and technology sectors, to solve problems related to the continent’s food systems.

In a statement, the firm said, “This year’s theme focuses on prioritizing conversations and ideation around solutions that address a significant gap in the market while optimizing sustainability and profitability.

“Both the ag-hackathon and the Code Cash Crop main event will bring the biggest innovators together to consider efficiency and competitiveness as key signposts to a thriving food system in Africa.”

It added, “For the first time, Code Cash Crop will be expanding into Kenya, as the Ag-hackathon is open to participants in both Nigeria and Kenya.

“Through this platform, young entrepreneurs have a unique opportunity to create innovative ideas and profitable business models that solve problems in the ecosystem. The 4.0 challenge invites technological inventions and innovations to cater to pressing needs in the market, with emphasis on data and analytics, access to market and input, as well as credit facilities.”

The firm noted that the grand finale of the event will feature a live pitch session from the Ag-hackathon participants, networking, and panel discussions from industry experts across agriculture, agribusiness, finance, government, and other stakeholders, as well as exhibitions from startups within the same industries.

The Vice President of Corporate Services at AFEX, Mariam Tobun, further stated, “We recognize the shift in the global and local markets that calls for solutions that prioritize sustainability and strong unit economics, and this is a key consideration in our theme for the year.

“Code Cash Crop is undoubtedly an essential piece of the Agricultural ecosystem, and for 4.0 we are incredibly committed to promoting conversations and engineering profitable solutions through the Ag-hackathon. It is a unique opportunity to have the important voices in the room asking the important questions.”

SOURCE: THE PUNCH

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