Forward Titans has been adjudged winners of the Bank of Ghana (BoG) maiden Cedi hackathon at ceremony in Accra.
The walked away with a cash prize of GHC 500,000.
The first runner up Nokofio received GHC 300,000 whiles the second runner up Pay code received GHC 200,000 for their effort.
The e-Cedi hackathon kicked off on October 6, 2023 under supervision of the BoG and its technology partner EMTECH Solutions.
The competition brought together creators, developers and entrepreneurs to ideate groundbreaking solutions leveraging the e-Cedi.
The hackathon’s focus areas provided insight into functionalities and versatility that the Bank of Ghana envisions for the e-Cedi.
Speaking at the award ceremony on Thursday (14 December ) in Accra, governor of the BoG Dr Ernest Addison expressed gratitude for the overwhelming response by innovators to the maiden edition.
“This is the maiden hackathon organised by the Bank of Ghana and we are glad that it has received an overwhelming response from enthusiastic creative minds and innovators across countries and continents.
“At the close of the submission of the innovation concept note (ICN) on October 20, 2023, 88 ICNs were received.”
“The number was pruned down to 68 for the pitch day. Out of the 68 selected for the Pitch Day, 62 accepted the offer to pitch their solution. After the Pitch Day, only 10 innovations were considered eligible for progression to the Demonstration Day,” he said.
Reporting by Fred Dzakpata in Accra
