Pages: 4
Library: Articles
Year: 2022
File: Crowdfunding_-_Hassan_Sherif.pdf

Nigeria is abuzz with crowdfunding. In 2021, Nigerian startups raised over $1.6 billion in funding.¹ Out of about $4 billion startups funding that Africa attracted in 2021, Nigeria earned the largest chunk of $1.37 billion.² One of the major tools presently being employed to garner such humongous funding is the innovation of crowdfunding. According to Regulation 1 of the SEC Rules on Crowdfunding 2021, crowdfunding is the process ...

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