National Empowerment Fund

NEF Mandate: Established by the National Empowerment Fund Act No 105 of 1998 (NEF Act), the National Empowerment Fund (the NEF) is a driver and thought-leader in promoting and facilitating black economic participation by providing financial and non-financial support to black-owned and managed businesses, and by promoting a culture of savings and investment among black people. NEF business funding is from R250 000 to R75 million and where the funding requirement is greater, this is normally financed through third-party support. As at November 2021 the NEF had approved in excess of R11.2 billion across various sectors country-wide, with a total...

Asset management,fund management, financial and non-financial solutions,a leader in venture capital finance,a catalyst for broad-based black economic empowerment,women empowerment fund (wef),entrepreneurship finance,acquisition finance,expansion capital,capital markets,liquidity & warehousing,procurement finance,franchise finance,new venture capital,expansion capital,arts and culture venture capital,tourism transformation fund,strategic projects fund,rural,township and community development fund,imbewu fund,umnotho fund,funding instruments,pre-investment unit (piu),post-investment business support unit (poiu),growing black economic participation,black business manufacturing fund ,enterprise and supplier development,nef covid-19 economic distress fund,codes of good practice,and an academy of excellence

National empowerment fund operates in the Financial services industry.

National empowerment fund's revenue is 11m - 100m

National empowerment fund has 201 - 500 employees.