Crowdfunding for Development

Title: Crowdfunding for Development – State of play and operational recommendations for the French Development Agency (AFD): a tailor-made mapping, action plan and training

Funding Programme: Tender of Agence Française de Développement (AFD)

Duration: February 2015 – January 2018

Description: The project aimed at providing better information on crowdfunding potential for the development world and Southern countries in particular (with a focus on the Maghreb and Sub-Saharan Africa).

ECN’s role: ECN was notably responsible for interviewing and surveying different platforms and investors acting in Africa, not only about their development projects but also about emerging trends and business models in the donation, reward-based, lending and equity crowdfunding in Africa.

Results:

  • Phase 1: a mapping and regulatory analysis of crowdfunding in Africa, together with a benchmark of crowdfunding activities launched by private and public international donors.
  • Phase 2: Tailored-made operational recommendations on crowdfunding for the AFD, together with a detailed action plan
  • Phase 3: An internal training and an external presentation of the study

Project partners :