National Empowerment Fund is a government-funded organisation that was founded to support black business growth in the country by supporting black-owned business venture in the country. It was formed to support the fair distribution of wealth in the country by promoting up and coming businesses as part of the countrys goal to develop emerging entrepreneurs and industrialists in a bid to curb unemployment and poverty. Through this, the organisation provides funding to viable black businesses to facilitate a meaningful contribution to economic growth. National Empowerment Fund focuses on preferential procurement, transformation in management structures and broadening the reach of black equity. Since being founded, the organisation has made incredible strides in its mandate through targeted asset management, specialized fund management practices and strategic project finance by availing venture capital accordingly. In carrying out its mandate, the National Empowerment Fund seeks to complement other efforts fro
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