National Empowerment Fund

The National Empowerment Fund (NEF) was established to promote and facilitate black economic empowerment in South Africa. It provides financial and non-financial support to black-owned businesses and entrepreneurs, aiming to stimulate economic growth through various empowerment initiatives. The NEF invests in sectors such as entrepreneurship finance, procurement finance, and community development, offering specialized funding programs like the Women Empowerment Fund and the iMbewu Fund. With a diverse portfolio, the NEF supports businesses at different stages, from startups to established enterprises, focusing on enhancing economic opportunities for black entrepreneurs.

NEF adds value to its portfolio companies by providing not only financial support but also non-financial assistance, including mentorship, business development resources, and access to networks that enhance their growth potential and sustainability.