NEF to be incorporated into IDC to guarantee funding for black entrepreneurs: In a landmark breakthrough for South Africa’s quest for inclusive growth and radical economic transformation, the Ministers of Trade and Industry and of Economic Development announced in Cape Town today that the National Empowerment Fund (NEF) will become a wholly-owned subsidiary of the Industrial Development Corporation (IDC) in order to meet the considerable demand for funding by black entrepreneurs. This … [Read more...] about NEF to be incorporated into IDC to guarantee funding for black entrepreneurs
