WEALTH CREATION: Equity crowdfunding a game changer for investors and African.
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Equity crowdfunding a game changer for investors and African business.
Many in South Africa are familiar with the concept of crowdfunding to kickstart a concept or raise money for a needy cause. While crowdfunding is a billion-dollar global industry, equity crowdfunding is in its infancy in Africa and an exciting alternative investment that is disrupting the funding landscape. It offers investors a share in a particular business in exchange for capital to be used for growth.
Raising capital is difficult for entrepreneurs worldwide but it is particularly tough for African entrepreneurs who try to fundraise unsuccessfully using traditional financiers such as banks, as they often don’t have the security required. Yet, there are many examples of brilliant businesses on the continent - they are not only resilient but innovate to harness potential in various sectors.
Many in South Africa are familiar with the concept of crowdfunding to kickstart a concept or raise money for a needy cause. While crowdfunding is a billion-dollar global industry, equity crowdfunding is in its infancy in Africa and an exciting alternative investment that is disrupting the funding landscape. It offers investors a share in a particular business in exchange for capital to be used for growth.
Raising capital is difficult for entrepreneurs worldwide but it is particularly tough for African entrepreneurs who try to fundraise unsuccessfully using traditional financiers such as banks, as they often don’t have the security required. Yet, there are many examples of brilliant businesses on the continent - they are not only resilient but innovate to harness potential in various sectors.
