The Creativity and Innovation for Development Convention Africa (CIDCON Africa) is an event pioneered by the Kwathu Kollective, and co-hosted with partners across the African continent, commemorating the United Nations’ World Creativity and Innovation Day.
Funding is the lifeline for any business, whether you are just starting out or looking to scale. For entrepreneurs and creators, understanding the various avenues of financing is crucial for sustainable growth. At Kwathu Kollective, we interact with entrepreneurs across Africa, witnessing the diverse ways businesses secure funding.
For entrepreneurs seeking to fund their businesses without sacrificing equity, bank loans and credit remain one of the most common and reliable forms of financing. While angel investors, venture capital, and grants dominate startup headlines, bank loans offer structured, predictable funding that can help businesses scale steadily.
In today’s interconnected world, crowdfunding has emerged as one of the most dynamic and democratic ways to raise capital. For entrepreneurs, creatives, and innovators, it offers a way to gather financial support directly from the public, bypassing traditional gatekeepers like banks, venture capitalists, or angel investors.
