ACfA Purpose

ACfA was established to:

  • engage all crowdfunding platforms operating on the African continent, providing an inclusive, objective and collaborative space to promote common interests and effective self-regulation;
  • educate African consumers, platforms and regulators about crowdfunding in Africa;
  • build consensus on key risks and risk mitigants, as well as key benefits from all types of crowdfunding¬†through engaging platforms, individuals, small businesses, regulators, governments, law firms and trade associations;
  • build trust and transparency between all actors in the African crowdfunding ecosystem;
  • harmonise and align African countries and regions on best industry practices and regulatory frameworks;
  • ensure the crowdfunding industry thrives in Africa through maintaining healthy competition.