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Developmental Impact

Measuring Our Economic Impact

Since inception under the NEF Act of 1998, the National Empowerment Fund has funded black industrialists, community trusts, and women entrepreneurs to create sustainable livelihoods across South Africa.

Cumulative Performance Milestones

Reporting context: Life-to-date as at 30 June 2026
R17.0bn

Approved Capital

Directly committed to black-owned businesses

166 148

Jobs Supported

Across manufacturing, mining, retail & services

R12.5bn

Co-Investment

Leveraged with public & private partners

20 Years

Clean External Audits

Unqualified audit opinion record

Investee Success Stories

Enterprise in Action

Onkabetse Civils and MiningMining & Infrastructure
North West & Gauteng

Onkabetse Civils and Mining

A 100% black-owned civil engineering and heavy equipment mining services provider that expanded its fleet with NEF growth funding, enabling long-term contract execution with top tier mining houses.

⚡ Created over 280 direct technical and operational jobs in mining communities.
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Greenro SolutionsClean Tech & Manufacturing
Gauteng

Greenro Solutions

A black female-led sustainable manufacturing business specializing in eco-friendly polymer packaging and industrial recycling solutions built with seed and expansion financing.

⚡ Diverts 1,200 tonnes of plastic waste from landfills monthly.
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Dika Plastic PipesIndustrial Manufacturing
KwaZulu-Natal

Dika Plastic Pipes

High-grade HDPE pipe manufacturer supplying municipal water infrastructure projects, established with NEF industrial co-investment funding to scale production capacity.

⚡ Supplied over 450 km of potable water piping to rural municipalities.
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