Financing: National Empowerment Fund

Contact details

Address: West Block, 187 Rivonia Road, Morningside 2057; PO Box 31, Melrose Ach, Melrose North 2076
Telephone: 011 305-8000
Fax: 011 305-8001
E-mail: info2@nefcorp.co.za
Website: www.nefcorp.co.za

Fund details

Name of fund: National Empowerment Fund
Size of fund: R5bn
Funds invested to date at cost: R1,37bn
Total number of private venture capital investments to date: 225

Investment preferences

Minimum investment: R250 000
Maximum investment: R100m
Average current investment size: R8m
Industry Preferences: Mandate is to promote and facilitate BBBEE
Industry excluded: Morally reprehensible sectors
Stage of investment: All stages
Minimum and Maximum equity usually taken: Up to 49%
Geographical Preferences: All of the nine SA provinces
Contacts:
- Frencel Gillion, 011 305-8105
- Nhlanhla Nyembe, 011 305-8158
- Hlengiwe Makhathini, 011 305-8152
- Donovan Chimhandamba, 011 305-8152
- Eric Zwane, 011 305-8183