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Publication

7 October 2016

East Africa crowdfunding landscape study

This study examines the crowdfunding landscape in four East African countries (Kenya, Rwanda, Tanzania, Uganda), and compares it with the crowdfunding ecosystems in South Africa and the United Kingdom. Allied Crowds forecasts crowdfunding to grow by 177% from 2015 to 2016 in East Africa. Kenya is the leader among the four countries ($46.7m forecast for 2016), followed by Uganda ($30.9m), Tanzania ($16.0m), and Rwanda ($9.4m). This compares with a forecast of $20.6m to be raised in South Africa for 2016.