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Crowdfunding emerging in Africa

Aug 05, 2019 - African Banker

In an environment where businesses find it difficult to raise funds from traditional sources, crowdfunding can be the ideal method to find the additional finance needed. Finbarr Toesland explains why this is a win-win for both parties.

What do one of South Africa's top craft beer manufacturers, an award-winning identity management platform and a gin maker that empowers underprivileged entrepreneurs all have in common? They've raised more than a million rand from crowdfunding.