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Date de création : 09.04.2010
Dernière mise à jour : 29.01.2012
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Crowdfunding, a solution for small businesses in Africa ?

Publié le 23/01/2012 à 18:31 par mckenson Tags : angel investor business capital invest corporate venture
Crowdfunding, a solution for small businesses in Africa ?

Crowdfunding is perfectly adapted to the needs of Africa that has been engaged in substantial reforms and restructuring over the past few decades, and has enjoyed the greatest economic growth than in any other part of the world. Unfortunately, there are very few accredited angel investors and venture capitalists based in African countries. The continent’s banks rarely lend to entrepreneurs and small businesses. Most international investors continue to hesitate to participate in the capital of African startups. Only investment funds focus on large corporate.

Nowadays, Africa offers one of the vast emerging consumer markets with a population of 1 billion that is opening up to Internet users around the world. A new middle class is being born in African cities with basic needs such as eating, housing, dressing, health, information, communication, education and domestic appliances. A lot of projects are springing up across the continent and require working capital to operate, to grow and to compete successfully in the marketplace. Many business projects for Africa, available online at www.McKenson-Invest.com , provide evidence of the African entrepreneurial spirit.

The representatives of Africa's economic authorities should quickly implement a robust legal and regulatory framework in order to promote and encourage crowdfunding.

Harley McKenson

www.McKenson-Invest.com  





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