The MaxWith Funding Glossary

Over 250 terms defined in plain language, covering the full vocabulary of African entrepreneurship and funding — from AfCFTA and AFAWA through to term sheets, USSD, and Zombie Funds. The glossary bridges three knowledge domains: African regulatory and institutional terminology (CEPICI, NIRSAL, OHADA, RDB, AfDB High 5s — terms that appear in funding documents but are rarely explained); financial and investment terminology (convertible note, SAFE, liquidation preference, carried interest, pro-rata rights — explained from a founder's perspective, not an investor's); and operational terminology specific to African business contexts (agent banking, mobile money float, SACCO, ROSCA, susu — the informal financial infrastructure that underlies much of African commerce). The glossary is available in English and French (covering both Anglophone and Francophone African business contexts) and is updated quarterly as new terminology enters common use. Each entry includes: the term; a plain-language definition; its African market context; and a cross-reference to the curriculum articles where the term appears in practice. The glossary is the recommended first reference for any MaxWith user encountering an unfamiliar term in a grant application, investor document, or regulatory filing. --- *Cross-track resources · Cross-track resources · Article R1.* Browse related [funding opportunities](/opportunities) on MaxWith filtered to your country and sector.