ADVERTISEMENT
TechEconomy
Friday, June 6, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Lagos AI Combinator Hackathon Awards Over $5K in Prizes, Connecting Developers to Global Visibility

Lagos AI Combinator Hackathon Awards Over $5K in Prizes, Connecting Developers to Global Visibility

Joan Aimuengheuwa by Joan Aimuengheuwa
December 17, 2024
in DisruptiveTECH
0
Lagos AI Combinator Hackathon Awards Over $5K in Prizes, Connecting Developers to Global Visibility
Source: Ryze Labs

Source: Ryze Labs

RelatedPosts

Zuckerberg Overtakes Bezos as Meta Shares Surge on New AI Advertising Plans

Zuckerberg Overtakes Bezos as Meta Shares Surge on New AI Advertising Plans

June 3, 2025

Elon Musk’s Neuralink Raises $650 Million as Brain Implant Trials Expand Globally

June 3, 2025

The recently concluded Lagos AI Combinator Hackathon, organised by Ryze Labs, brought smart-minded developers together for a two-day event centred on the Eliza Framework, driving innovation at the intersection of AI and Web3. 

With over $5,000 in prizes, the hackathon provided a platform for developers to brainstorm and create unique AI agents while competing for recognition and investment opportunities.

Supported by Web3 Afrika, LetsDap, Superteam Nigeria, and sponsored by Shawmakesmagic, the event was a melting pot for talent and cutting-edge projects built on the Eliza Framework—one of the fastest-growing GitHub projects simplifying AI agent development—who pitched their solutions to judges and investors.

Matthew Graham, CEO of Ryze Labs reiterated the hackathon’s importance within their global vision to connect the best emerging market projects to the world. He noted Nigeria’s tech prospects, referencing its youthful demographics and growing cryptocurrency adoption.

“For many years, I’ve wanted to have a presence in Nigeria. After all, it’s often called the ‘Silicon Valley of Africa,’ with a cryptocurrency penetration rate of over 35%,” he stated.

Noting the meritocratic nature of AI and Web3, Graham added: “There’s an opportunity here for people without unfair advantages to make a real impact. AI agents, particularly with frameworks like Eliza, are the most significant innovation since the rise of DeFi.

“With AI agents being the biggest innovation since GPT, this is a tremendous time of opportunity. Events like this allow us to find and support the best talent from all over the world.”

Paul-Mary Omile, Investment Analyst at Ryze Labs, stressed the company’s vision for tapping into Nigeria’s tech talent: “We are trying to tap into emerging markets, and we believe Nigeria is part of it. We’re organising hackathons to identify the best developers and projects to fund, bringing them into our ecosystem.”

Omile further revealed that Ryze Labs operates a $5 million AI-focused fund under the AI Combinator initiative, aimed at supporting early-stage projects in AI and Web3. He emphasised Nigeria’s potential in the global tech space, noting that hackathons like this help in upscaling local talent.

The hackathon wrapped up with Demo Day, where finalists presented their projects. After commendable pitches, the following winners were announced:

1. First Place: SupplyVest
Simplifying high-volume informal trade with AI, SupplyVest connects SMEs with DeFi tools to grow procurement, sales, and supply chain operations, expanding their global reach.

Lagos AI Combinator Hackathon Awards Over $5K in Prizes, Connecting Developers to Global Visibility

Advertisements
MTN ADS

2. Second Place: ChattaTrader
Simplifying DeFi token trading, ChattaTrader enables users to trade via voice, text, or screenshots, making decentralised finance more accessible.

Lagos AI Combinator Hackathon Awards Over $5K in Prizes, Connecting Developers to Global Visibility

3. Third Place: Magent
Empowering businesses with AI-powered marketing tools, Magent analyses data, predicts trends, and creates personalised strategies.

Lagos AI Combinator Hackathon Awards Over $5K in Prizes, Connecting Developers to Global Visibility

The Lagos AI Combinator Hackathon asserted Ryze Labs’ mission to identify and support top-tier talent of AI and Web3 innovators.

With similar Hackathons already done in China and now Nigeria, the next stop is India, as revealed by Paul. Ryze Labs is creating a global platform for ideas, with plans for even greater expansion later on.

The CEO summarised the initiative: “This is a special time for AI and crypto. Today, we’ve seen incredible potential. Across  investment, hiring, or advisory support, we’re happy to work with developers impacting the future.”

Loading

0Shares
Tags: AIAI AgentAI CombinatorAI Combinator Demo DayEliza FrameworkLagos AI Combinator HackathonLAGOS NEXUS HACKATHONLetsDapMatthew GrahamPaul-Mary OmileRyze LabsShawmakesmagicSuperteam NigeriaWeb3Web3 Afrika
Previous Post

FirstBank Kicks Off DecemberIssaVybe 2024 with Kenny Blaq’s ‘Reckledd’ Musicomedy

Next Post

FG Issues Six Sukuk Bonds Worth ₦1.1tn to Fund 124 Road Projects, Says SEC

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

Zuckerberg Overtakes Bezos as Meta Shares Surge on New AI Advertising Plans
DisruptiveTECH

Zuckerberg Overtakes Bezos as Meta Shares Surge on New AI Advertising Plans

by Joan Aimuengheuwa
June 3, 2025
0

Zuckerberg’s new total, according to Forbes, is $231.6 billion

Read more
Elon Musk’s Neuralink Raises $650 Million as Brain Implant Trials Expand Globally

Elon Musk’s Neuralink Raises $650 Million as Brain Implant Trials Expand Globally

June 3, 2025
Citrix

Uncover Hidden Risks: The Strategic Advantage of Independent Citrix Audits

June 3, 2025
Meta to Hand Over Full Ad Creation to AI by 2026 — Here’s What That Really Means

Meta to Hand Over Full Ad Creation to AI by 2026 — Here’s What That Really Means

June 2, 2025
Microsoft to Invest $400 Million in Swiss Data Centre Expansion for AI, Cloud Growth

Microsoft to Invest $400 Million in Swiss Data Centre Expansion for AI, Cloud Growth

June 2, 2025
FG Launches New HND Courses in AI, Cybersecurity, and Software Engineering

FG Launches New HND Courses in AI, Cybersecurity, and Software Engineering

May 29, 2025
Next Post
NELFUND - FG to Disburse N35 Billion in Student Loans to 70,000 Successful Applicants

FG Issues Six Sukuk Bonds Worth ₦1.1tn to Fund 124 Road Projects, Says SEC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.