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:


Shops create employment for the people of the Free State

My Store is a convenience store that aims to empower black entrepreneurs, creating employment and developing skills among individuals within South Africa’s informal market. 

The NEF will finance the acquisition of 7 outlets in the Free State, each ranging between R250 000 and R450 000.

The franchisor has developed a container-store model and offers this as a business opportunity within the informal market. The aim of the convenience store is to offer the basic needs of the surrounding community. 

The My Store container business is fully equipped to provide services such as Take Aways, spaza (groceries, sweets, health & beauty products, diary, cooldrinks, etc.), ATM services, Lotto, Internet, prepaid electricity and airtime, copy/fax/ scan/print and public phone services.

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