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African businesses that seek to grow but are struggling to get funding can secure investment between R1.5 million and R10 million on crowd funding platform GoGetta, in exchange for stakes in the business.

The platform, powered by Grovest, anadministrators in the small cap investment space, allows local and international venture capital investors to invest from as little as R1,000 into emerging African businesses.

The platform seeks to solve two investment problems. The one, is setting up a way for up & coming businesses to access capital. The other, is an easy but secure way for investors to put money into these types of ventures.

Quality African businesses are struggling to raise capital using traditional financiers such as banks. Crowdfunding is a billion-dollar global industry and its time for Africa to weigh in. GoGetta is a solution to these funding issues and unlocks the potential of Africas entrepreneurs,"said co-founder of GoGetta Sthembiso Zwane.

Africa is an exciting growth story for investors and our platform showcases some of the best investment opportunities from across the continent,Zwane adds.

GoGetta is looking for businesses within various sectors to list on the platform. Listed businesses have the opportunity to raise investment between R1.5 million and R10 million in exchanges for stakes in the company.

GoGetta is regulated by the Financial Sector Conduct Authority (FSCA), giving investors confidence in our top-notch compliance and governance capability. Africas go getters will also benefit from guidance in formalising their businesses with a smarter way to access capital to fund growth while retaining control, said GoGetta co-founder and CEO Jeff Miller.

Heres who qualifies

Qualifying businesses include those within the following sectors: fintech, agriculture, consumer, energy, enterprise, healthcare, retail and more.

We have already signed up qualifying businesses in South Africa and we are seeing significant interest from businesses on the African continent which are ready for investment, said GoGetta co-founder Leat Sacharowitz.

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African businesses can raise up to R10m on this crowd funding platform Heres who qualifies - Business Insider South Africa