Crowdfunding emerging as financing source for African entrepreneurs

It’s no secret that Africa is a continent of entrepreneurs. Not only does Africa have the highest percentage of entrepreneurs of any continent, but also the female entrepreneurship rate is the highest in the world, according to Roland Berger research. Despite there being a vast pool of talented business people, an acute funding gap is preventing small and mid-size enterprises (SMEs) from scaling and reaching the next level.It’s no secret that Africa is a continent of entrepreneurs. Not only does Africa have the highest percentage of entrepreneurs of any continent, but also the female entrepreneurship rate is the highest in the world, according to Roland Berger research. Despite there being a vast pool of talented business people, an acute funding gap is preventing small and mid-size enterprises (SMEs) from scaling and reaching the next level.