Dates:

October 25 - 27, 2025

Eligibility: 

Kifiya Tech staff members. 

Project and Submission Requirements

Submission:

  • A functional MVP hosted locally or in a sandbox environment. 

  • A GitHub repository or code package. 

  • A short demo video (3–5 minutes). 

  • A documentation file outlining setup and architecture.

Prizes:

100,000 ETB for the group

Judging Criteria and Metrics 

The following metrics will be used to evaluate the MVP submissions. Each project will be scored across three major dimensions: Core Functionality, AI & Technical Quality, and Impact & Innovation. 

 

1. Core Functionality Metrics (40%) 

  • Feature Completeness: Percentage of MVP core features implemented (target ≥ 80%). 

  • Detection Accuracy (Precision/Recall/F1): AI model correctly flags fraudulent vs. legitimate transactions (target F1 ≥ 0.7). 

  • Response Time (API Latency): Average response time to return a fraud score (target ≤ 2 seconds). 

  • System Stability: Number of failed calls or crashes during testing (target ≥ 95% success rate). 

  • Error Handling & Logging: Graceful error responses and visible logging implemented. 

 

2. AI & Technical Quality Metrics (30%) 

  • Model Explainability: Ability of the AI model to explain why a transaction was flagged. 

  • Model Efficiency: Performance of the model in terms of computation and runtime. 

  • Data Pipeline Design: Clean, modular, and scalable data flow from input to output. 

  • Integration Readiness: Ease of integrating the MVP into IFI systems (API-ready, documented). 

  • Security & Privacy: Proper handling and anonymization of sensitive financial data. 

 

3. Impact, Usability & Innovation Metrics (30%) 

  • User Value Proposition: Demonstrates measurable improvement in fraud detection or financial trust. 

  • Innovation Beyond MVP: Unique AI features or enhancements added beyond the core specification. 

  • Usability & UX: Intuitive design and clarity of the interface or dashboard. 

  • Scalability: Potential to scale across different products or market segments. 

  • Presentation Quality: Clarity, confidence, and storytelling in the final demo. 

 

4. MVP Readiness Index (Internal Evaluation) 

Used by Kifiya’s internal review team to identify projects suitable for further development. Scored across three factors: 

  • Deployment Readiness (40%) 

  • Business Alignment (30%) 

  • Technical Robustness (30%) 

Projects scoring ≥ 70% are considered for incubation or integration pilots.