These participatory financing methods are developing, particularly in East and South Africa. They are perfectly adapted to the specificities of the continent, with a large diaspora and financial resources. The main problem lies in access to means of payment.

Unlike developed countries, African countries’ legislation does not provide for clear valuation schemes for companies during the early stages of development or exit options for investors, thus limiting the enthusiasm for this type of investment.

With the exception of South Africa, which has a level of maturity close to that of developed countries, funds specialising in Seed Capital and Venture Capital are virtually non-existent on the continent.

Incubators and accelerators, entrepreneurship promotion organizations can provide small initial funding for projects with high potential.

However, the limited access of these organizations to sustained and substantial funding limits their ability to support.