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:


Richmond Opkomende Boere Co-operative (R3.6 million)

Richmond Opkomende Boere Co-operative is a start-up primary agriculture entity based in the Northern Cape which will focus on free range merino sheep farming for the purposes of lamb and wool production.


The business is a start-up and will create 7 permanent jobs, and it is a co-operatives which consists of 48 members.

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