First City Monument Bank, in partnership with the Dutch Entrepreneurial Development Bank and HeaveVentures, has successfully concluded the FCMB AgriTech Hackathon 2025.
The initiative is designed to accelerate innovation, sustainability, and digital transformation in Nigeria’s agricultural value chain, according to a statement from the bank on Wednesday.
The event brought together seven startups from across the agricultural ecosystem to present tech-driven solutions to sector challenges. After multiple rounds of pitching and mentorship, Qiqi Farms emerged the overall winner, while Farm Monitor and Tuplant placed second and third, respectively. Llyon Farms, AgriX, Freshfare, and PalmShops each received a N1 million consolation grant for their contributions.
Speaking at the event, the Divisional Head, Agribusiness and Non-Oil Exports, FCMB, Kudzai Gumunyu, said, “This hackathon reflects FCMB’s commitment to nurturing innovation and supporting the next generation of agritech entrepreneurs. By connecting startups to funding, mentorship, and markets, we are helping transform Nigeria’s agricultural sector into a digitally driven, globally competitive industry.”
Also commenting, CEO, HeaveVentures, Abiodun Lawal, stated that, “this hackathon demonstrates the power of collaboration between financial institutions and the tech ecosystem. We are proud to see startups developing solutions that can redefine productivity, sustainability, and food security across Africa”.
The FCMB AgriTech Hackathon affirms the institution’s commitment to strengthening Nigeria’s food security and digital economy by backing innovation, partnering with key players, and widening access to sustainable finance.
