Commenting on the launch of the Hackathon, MTN CEO Mitwa Ng’ambi said: “We followed through on our commitment to open up integration with the Mobile Money platform with the launch of the MoMo API last year. With the Hackathon, we are going a step further to encourage young innovators within the community to come forward with solutions and ideas that will further expand the digital ecosystem.”
In the Hackathon, young developers aged between 15 and 35 years of age are invited to apply for the challenge between 14th and 31st January 2021.
The registration requires a developer to submit an idea and details of how it would be implemented and integrated with Mobile Money. The solution must be beneficial and practical to Rwanda’s market and can cover use cases beyond payment to utilize MTN MoMo APIs. The registration is done on https://www.mtn.co.rw/mtn-yolo-hackathon/
Of the ideas submitted, 5 candidates will be shortlisted for the next round starting 1st February 2021. This next round will involve coaching and a boot camp to support the developers as they build their applications. In this round, the 5 shortlisted innovators, will be required to make a live demo of their application.
At the finale, 3 winning ideas will be selected; the second runner up walking away with Rwf800,000; the first runner up with Rwf 1,200,000 and the overall winner with Rwf 2,000,000.
“The MTN Yolo Hackathon further illustrates our desire to partner with the developer community to grow the digital and cashless ecosystem in Rwanda. Shared value creation that enables shared prosperity is at the heart of everything that MTN does. We celebrate the role that collaboration can play in ensuring that more people enjoy the benefits of a modern connected life.” said MTN CEO, Mitwa Ng’ambi.
To be eligible for participation in the MTN Yolo Hackathon, each entrant must be a citizen or a legal permanent resident of Rwanda and be between 15 to 35 years old.
For all participants below 21 years, parents or legal guardians’ permission is required.
Among others, entrants must possess a valid MTN Mobile Money Account or alternatively, eligible to acquire or open a valid MTN Mobile Money Account, be able to present the Idea submitted in the Idea Phase in person to the relevant MTN Committee/Panel.