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Nine-year-old Atlehang Malemane is heading to Sri Lanka. Just weeks ago, that trip was uncertain. Now, after a crowdfunding push that brought in more than R105,000 (about $6,307), the South African chess prodigy has secured her place at the Commonwealth Chess Championships 2026, set for May 16 to May 26. This story is written and […]
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Crowdfunding—or the use of online platforms to raise money for business ventures from a large base of investors—has been steadily gaining traction in Africa over the past decade. Still, crowdfunding in Africa remains limited compared to other regions. Entrepreneurs in the US and Europe have seen many projects and ideas launched as a result of […]
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The Afrikstart Crowdfunding in Africa Report, named South Africa as the leading rewards-based crowdfunding hub in Africa in 2016. The report estimated that its value in the region will rise to that of R415.8m in 2025. The concept, which began as a Silicon Valley social experiment is now fast becoming a viable solution for entrepreneurs […]
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