Public Management

Benin Tax Authority rewards hackathon champions

Benin Tax Authority rewards hackathon champions
Monday, 06 November 2023 15:01

The Benin Tax Authority (DGI) launched its inaugural "Fiscathon" on October 30. This is a digital innovation contest aimed at addressing various challenges faced by local taxation. The most outstanding teams from this competition received prizes on November 3.

The Benin Tax Authority DGI, in collaboration with Epitech Benin School, rewarded the top teams from the first "Fiscathon" edition on November 3. The three teams that proposed the most effective solutions within their respective categories were awarded by the tax authorities and their partners. Each team received a check of CFA2,500,000, slightly over $4,091, along with various equipment and vouchers.

The team "Efâ" received the first prize in the "Tax Forecast" category for their tax simulator, which considers the taxpayer's business activities in accordance with the current General Tax Code. Under the "Simplified Invoicing" category, "Fisc Angels" won. The team presented a web application for issuing standardized invoices that automatically incorporate taxation for all types of taxpayers.

In the "Tax Accessibility" category, the team "Toffa" emerged victorious by providing a multi-language voice assistance solution, including local languages, for the payment of market taxes (imposed on traders in fairs and markets).

The three other finalist teams also received equipment kits provided by various event sponsors, such as the German cooperation (GIZ), the telecom operators MTN and Moov Benin, the internet service provider Isocel, and the pay-TV operator Canal+, among others. At the competition's kickoff on October 30, 90 participants, including developers, designers, and tax experts, were divided into 18 teams. According to the organizers, the work behind the awarded solutions and even those of the other finalist teams signals a promising future for the digitalization of taxation in Benin.

"The harvest is fruitful. [...] These solutions will not only help improve the quality of services provided to taxpayers but also modernize the Benin tax system. The DGI will proceed with the development phase of the three winning solutions to create beta versions," said Nicolas Yènoussi, the Director General of Taxes.

During the closing ceremony, Abossé Akue-Kpakpo, the Director of Digital Economy at the UEMOA Commission, announced that the West African Development Bank will offer "substantial support to the winners to continue their work." "We will, in collaboration with the DGI, organize this support, which could commence as early as 2024," he specified.

The Fiscathon organizers announced their intention to repeat the experience, not only for the solutions but also for promoting taxation.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Cameroon, Congo, and Gabon seek new IMF programs after previous ones expired Regional bloc commits to sustaining reforms and rebuilding...
Program has supported about 50 women-led businesses since 2023 Nearly CFA7 billion mobilized combining financing and technical support New cohort of...
Proparco and RMBV take minority stake through $91 million capital increase Funds to support industrial expansion and West Africa growth Group...
Net profit drops 14% to CFA19.25 billion in 2025 Cost of risk nearly doubles, cutting operating income Bank shifts toward more liquid assets amid...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
03

MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....

MTN Zambia Links Mobile Money to Bank POS in New Partnership
04

UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...

UBA, British International Investment explore Africa trade finance deal
05

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.