Risk Disclosure

AfricaCrowdFund is a rewards-based crowdfunding platform. When you back a campaign you are supporting a business — typically in exchange for a promised reward — not buying an investment product.

• Pledges do not give you shares, equity, ownership, profit rights, interest or any claim on a business's future earnings.
• Campaigns on ACF are not securities offerings, and ACF is not an investment exchange, broker or adviser.
• You should not back a campaign expecting a financial return. The value of backing is the reward offered and the impact of helping a business grow.

• A campaign may not reach its funding goal.
• Even a fully backed campaign may fail: startups and small businesses face real execution, market, operational and funding risks, and some businesses do not survive.
• Founders' projections, timelines and plans are aspirations, not guarantees.

• Estimated delivery dates are the founder's estimates and can slip — sometimes significantly.
• A reward may differ from what was described, or a founder may be unable to deliver it at all.
• Reward fulfilment is the founder's responsibility. ACF moderates campaigns and tracks fulfilment status, but does not manufacture, ship or guarantee rewards.
• If a business fails before delivering, your reward may never arrive.

ACF verifies founders and businesses through a manual review — checking, for example, identity and business-registration information before a campaign can be published — and operates reporting, moderation, suspension and emergency content-hiding controls. These measures reduce risk, but no review process can eliminate the possibility that a campaign is dishonest, exaggerated or mistaken.

Verification badges on ACF state exactly what was checked. Verification is not an endorsement, a certification of quality, or a guarantee that a campaign is safe or will succeed. If something looks wrong, use the report option on the campaign page.

Rewards are products, services, experiences or recognition offered by founders. They are not financial instruments: there is no secondary market for pledges or rewards on ACF, and you should assume a pledge cannot be sold, traded or converted back into money.

• ACF launches first with founders in Zambia, and backers may join from other countries where payment support and applicable rules permit.
• Cross-border backing can involve currency movement, exchange-rate changes, import rules for physical rewards, and differing consumer, tax and crowdfunding rules between countries.
• You are responsible for understanding and meeting any tax or regulatory obligations that apply to you in your own jurisdiction.
• Crowdfunding regulation continues to evolve across African markets; rules that apply to platforms, founders or backers may change.

ACF is a young platform. Features may change, service may be interrupted, and — as described in our Refund Policy — payment functionality is introduced in stages. While payments are disabled, pledges are non-binding and no money moves; when paid backing opens, its terms will be shown before you pay.

• Read the whole campaign — the story, the team, the rewards, the risks section and the updates.
• Check what verification badges actually say was verified.
• Ask the founder questions and judge the answers critically.
• Back only what you can comfortably afford to lose, and treat every pledge as money you may not see returned in any form.

If anything about a campaign's risk is unclear, contact us at hello@africacrowdfund.com or review our Platform Guidelines.