Investee Stories


As at March 2012, the NEF had approved over R3 billion for black-empowered enterprises countrywide, in various economic sectors.  

Below is a sample of these investments:


How the NEF made black the new colour

O’Gradys is a specialist paint and coatings manufacturer producing a wide range of decorative paints, heavy-duty anti-corrosion coatings, light industrial paints and primers. 

The company wanted to create an opportunity for substantial black ownership. The NEF helped with R26,3 million funding.

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