This work is being carried out in partnership with the Hashgraph Association, a Swiss non-profit organization promoting the global adoption of the Hedera ecosystem, and the Exponential Science Foundation, a global organization dedicated to breakthrough technologies.
Hashgraph Ventures Manager Ltd, a venture capital fund authorized and regulated under the Abu Dhabi Global Market (ADGM); has committed $1 million to support the Hedera Africa Hackathon, Africa’s largest Web3 innovation event focused on accelerating digital transformation and economic inclusion across the continent. Outstanding projects emerging from the hackathon will be individually evaluated for follow-on investment potential.
This pledge aligns with Hashgraph Ventures’ mission to support high-growth, early-stage ventures building real-world solutions across blockchain, artificial intelligence (AI), and deep technology. This work is being carried out in partnership with the Hashgraph Association, a Swiss non-profit organization promoting the global adoption of the Hedera ecosystem, and the Exponential Science Foundation, a global organization dedicated to breakthrough technologies.
The additional participation of United Gulf Financial Services (UGFS) brings the total equity investment associated with the hackathon to $2 million, in addition to the $1 million prize provided by the Hashgraph Institute and the Index Science Foundation.
Hashgraph Ventures, which operates under ADGM’s globally recognized regulatory framework, highlighted that its structure ensures transparency, governance, investor protection and enables the deployment of institutional capital into Africa’s growing Web3 ecosystem. Leaders from partner organizations highlighted Africa’s strong developer base and potential to drive innovation in decentralized finance, AI-powered solutions, and digital inclusion.
The Hedera Africa Hackathon 2025, which ran from August 1 to October 31, 2025, attracted participants from more than 20 African cities. The hybrid online/on-site program attracted 13,000 developers and submitted 1,300 projects, making it the largest decentralized innovation initiative of its kind on the continent. Projects focused on the convergence of AI, IoT, robotics, and quantum computing in areas such as finance, healthcare, communications, agriculture, sustainability, and manufacturing.
The hackathon was supported by an extensive ecosystem of partners including Orange Middle East & Africa, Sygnum Bank, Taylor Wessing, SwissCoast Saqqara, Object Computing, and DAR Blockchain, who led the local execution and community engagement.
