Faith-Based Industry

The faith-based industry includes faith-based organizations (FBOs), faith-based investing, and faith-driven entrepreneurship. FBOs are organizations that are dedicated to a specific religious identity, and they often have a social or moral component. FBOs take the form of:

• Social Services: FBOs provide food, clothing, and shelter to people in need. They also help promote housing and community development.
• Advocacy: FBOs can advocate for a range of development issues, such as climate change, gender, and human capital.
• Partnerships: FBOs can partner with other organizations to address complex challenges.

FBOs have strict surveillance both internally and externally by local governing councils and by the respective government because if not properly checked, they could be avenues of economic crimes such as money laundering and other economic and social evils. A thorough evaluation of performance and strict adherence to set regulations is thus required.

Through our dedicated and highly experienced team, Rhodium Africa Consulting works hand in hand with clients to assist them in ensuring the achievement of set objectives in line with acceptable rules and regulations and within local and international applicable laws. This is done through system audits, tax advisories, operations and system flow analysis, and implementation in line with the clients' expectations.