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CBN, AFF eNaira hackathon registration commence

Registration for the eNaira hackathon, geared towards providing solutions for the new digital currency, has started.

It opened on Monday, and would end on July 21. It is being organised by the African Fintech Foundry (AFF), an innovative hub established to accelerate startups in Africa, in partnership with the Central Bank of Nigeria (CBN).

A statement by the organisers said the main event, billed for August 4, was part of efforts to drive financial inclusion, facilitate macroeconomic growth and integrate economy to the world-leading economies through innovation and cutting-edge emerging technologies. It, therefore, urged interested participants to visit the eNaira Hackathon to register.

With the theme “eNaira Africa’s gateway to a digital economy”, the hybrid hackathon will bring together entrepreneurs, developers, designers, solution developers, problem-solvers, out-of-the-box thinkers, and code magicians from Africa to develop innovative solutions that will drive improved adoption of the eNaira.

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said: “We cannot deny the fact that the newly introduced CBDC (eNaira) would be necessary in the future to ensure Nigeria is competitive as the world becomes increasingly digital.’’

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