Co-Creation Hub Nigeria is hosting a Financial Literacy Challenge Bootcamp in Lagos this weekend, sponsored by Visa.
CCHub said the goal of the bootcamp is to develop six apps and games which aid education on money management skills and to support the advancement of financial literacy in Nigeria.
Around NGN3 million (US$18,800) will be split between the top three teams.
The six apps and games to be developed are Money Life, Money TALKS, NairaSaver, Financial IQ, Market Trader, and localization and digitization of Junior Achievement Nigeria’s business and community board games for school children.
The prototypes of the six ideas will be presented on Sunday at a Show and Tell event where a panel of judges will select the winners.
Speaking on the partnership with Visa, Bosun Tijani, chief executive officer (CEO) of Co-Creation Hub Nigeria, said the challenge is an opportunity for young talented developers to create solutions that would help Nigerians in making financial decisions.
“Collaborating with Visa on the Financial Literacy Challenge creates room for Nigeria’s technology talent to turn their energy and skills to building apps that will boost the skills and confidence of Nigerians as they make financial decisions,” Tijani said.
“We are pleased to be deploying our Open Living Labs approach to generate and develop truly innovative apps and games that are reflective of the Nigerian experience.”
Femi Longe, CCHub’s director of programmes, told HumanIPO the six teams have been selected and would be converging on Friday.
“Yes, the teams that would work on the solutions have been selected. They will converge and start work from Friday evening,” Longe said.