Three Kenyan firms are among eight African start-ups that will be competing in this year’s ‘Hack The Mara’ competition to build innovative solutions that impact communities.
Pan-African blockchain platform Mara has announced top eight finalists from Kenya and Nigeria.
While team Kenya includes FedhaPay, Team Relic, and Team Sahara, Nigeria comprises AfroLabs, BlockDash, BlockHackers, Blocverse and Mastermind teams.
The hackathon team will spend a week at Ishara in the Masaai Mara conceiving, developing, and pitching creative solutions that will allow all partners in the Masai Mara ecosystem to have transparent access into the disbursement process and verify that the intended beneficiaries are credited.
Mara will provide a test platform on which the top 8 proposals will be prototyped.
Teams are expected to build solutions that can serve anyone, anywhere no matter how remote. This includes serving areas of low internet penetration and low smartphone adoption. The solution must offer transparency to all relevant stakeholders, confirmation of payment and identity, and must adhere to best practice including KYC/AML policies.
Hackathon participants will benefit from a pool of cash and in-kind prizes of up to $100,000 alongside opportunities for follow-on funding by Mara Foundation and its partners.
Additional benefits include mentorship throughout the hack, access to partner companies offering employment opportunities and completion badges.
The judges will award the teams based on originality, creativity, innovation, analytical skills, strategic thinking and practical implementation.