AI Innovation Challenge Credit Scoring for Making Food Affordable to the Millions of Underserved in Africa
  • The Results

Credit Scoring for Making Food Affordable to the Millions of Underserved in Africa

Challenge Completed!

Develop a credit score algorithm that allows for the financial inclusion of unbanked Nigerians. In this 8-week challenge, you will join a collaborative team of 50 AI engineers from all around the world.

This challenge requires experience in Data Analysis and Machine Learning.

 

The problem

Nigerians need more food than is currently produced and imported into the country, unable to meet the food needs. Although agricultural productivity has increased, it has been outpaced by population growth, insecurity, and climate change. As food is expensive, scarce, and inaccessible, Nigeria has a food security problem.

The biggest challenge to the food security issue is population. The UN suggests there will be 440 million Nigerians by 2050, meaning over 200 million more mouths to feed. If food production does not increase at a similar pace, there will be more starving Nigerians. And right now, food scarcity is amplified by poverty. The average Nigerian household spends almost 75% of its income on food.

The project goals

A credit score will be delivered based on data. This credit score will continuously be updated as customers interact with the platform. A historical depiction of the scores will also be available with advice on how to improve the score.

 

The Data

Our partner will provide the data.

 

Why join? The uniqueness of Omdena AI Challenges

A collaborative experience you never had in your working life! For the next eight weeks, you will not only build AI solutions to make a real-world impact but also go through an entire data science project lifecycle. This covers problem scoping, data collection, and preparation, as well as modeling for deployment.

And the best part is that you will join a global and collaborative team of changemakers. Omdena AI Challenges are not a competition or hackathon but a real-world project that will take your experience of what is possible through collaboration to a new level.

 

Find more information on how an Omdena project works

 

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