My only problem with this is using a delegate to achieve it. Delegates are supposed to contribute directly to BitShares, like doing development, marketing, etc. I understand that in the end, you could too, contribute, however, the problem is that this would all depend on the success of your project and in my opinion, BitShares is first, private projects are second. You would need to have some success first to be able to help BitShares after. I understand having a paid delegate position could speed things up greatly and once again 'could' help you succeed and help BitShares, but this is something you already can do by issuing a UIA. That's what they're for. You said 'The delegate funding would go towards raising money through crowdfunding' and i get it would help but, you're already raising money through the crowdfunding so, why occupying a delegate spot that could benefit BitShares better, know what I mean? I don't mean to be rude but a delegate spot, specially 100% paid is so important. I don't mean to underestimate your project, but imo the spot could be used for something that would benefit BitShares in a better way. I'm telling you this from the point of view of someone whose priority is BitShares, then private projects.
The delegate spot would only get you, how should I say it, a more 'guaranteed' way or a more secure way of getting the funds you need as once you're in, you automatically get the funds. It's better for your project, definitely, but it doesn't mean it is better for BitShares in the end. So what I mean is, why ''wasting'' a potential 100% delegate in something that really doesn't need it? Get me? You can do everything you need by issuing a UIA
As a delegate you need to show work to be kept in the 101 so you can get the funds. By issuing a UIA you need to show you're worth of the funds you need. In the end you still need to convince people to invest in you right? So for an investors point of view the options are:
will I support the African Initiative by voting them in as a delegate or will I support them by buying their UIA and at the same time get another 100% paid delegate doing cool stuff for BitShares? In the end, if people think you're worth it, they will still support you, don't worry. The only thing that changes is the fact of having 1 more delegate spot free for more cool stuff or not
Having that said, I wish you the best luck and I'm really really happy you have chosen BitShares
even if i don't vote you in, I will buy some of your UIA and support you.