Elizabeth Howard of the African Crowdfunding Association explains the potential of crowdfunding to support businesses and accelerate growth on the continent.

Capital Musings

#36 Crowdfunding as the “Trampoline” to Formal Capital

The UN Capital Development Fund makes public and private finance work for the poor in the world’s 47 least developed countries (LDCs). With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.

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Capital Musings