Crowdfunding on the spot as lack of clear policies fuel confusion, fraud

553 312 AfricaIEG.com

The embarrassing dispute between an ailing woman and an activist last week over millions of shillings fund-raised for her treatment has raised concern about the lack of regulations on crowdfunding. Crowdfunding is the process of funding a project or venture by raising monetary contributions on the internet from the public. It has been fast gaining momentum since 2012.
Read more at: https://www.standardmedia.co.ke/article/2001249700/crowdfunding-on-the-spot-as-lack-of-clear-policies-fuel-confusion-fraud

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