National Empowerment Fund

The NEF funds across the economic spectrum because of its commitment to upholding the right of black people to participate in every sphere of the economy. 

It is for this reason that the NEF has investment funds dedicated to supporting SMEs, women-owned businesses, rural and community-owned businesses, medium-sized corporates as well as potential industrial players, which are financed through the Strategic Projects Fund (SPF). 

The work of SPF is the primary focus of this information portal. 

In this area of our mandate the NEF has partnered with local and international investors to develop 23 strategic and industrial projects with a combined project value of R12.6 billion, and with the potential to support over 52 000 jobs when the projects are fully commercialized and operational. 

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