African Equity Crowdfunding Portal Launches Call for Applications
Impact-focused equity crowdfunding portal Malaik has launched a call for applications to African entrepreneurs with impact focused businesses, aiming to help connect businesses with investors.
Disrupt Africa reported in December on the launch of Malaik, which bids to help small and medium enterprises (SMEs) on the continent overcome challenges when it comes to accessing funding. It offers clear and well-documented opportunities for high impact investing in African businesses.
Since its launch, Malaik has fully funded its first company – i-Drop Water – to the tune of over US$250,000, and has been chosen to demo its innovation on stage at European finance conference FinovateEurope 2016 in London. It is now calling on impact-focused African entrepreneurs to apply to be listed on the platform.