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Crowdfunding In Central Africa

First Platform Launched

A crowdfunding platform enabling companies to raise funds from the general public, by selling them shares has been launched by two young Cameroonians. The initiative which is the first of its king in Central Africa will bring a solution to financing for “little sprouts,” one of the co-founders of Guanxi Investment Cédric Ngondi disclosed. In order to truly “make investment more ac- cessible to all,” the sponsors of the crowdfunding plat- form set the unit price per share for prospective buyers at FCFA 10,000. In addition to equity crowdfunding, the startup based in Akwa in Douala also offers business consultancy services to companies.

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