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Project 8: Salamax 1660 (Pty) Ltd

Sector: Renewable Energy – Biofuels ZAR1.3 billion (USD10 million or €80 million] Project Summary Salamax 1660 (Pty) Ltd (Salamax) has developed a second generation biofuel process that uses grass and/or leaves to produce ethanol and own electricity, through a locally-developed…

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Project 7: Busamed (Pty) Ltd

Sector: Infrastructure (Healthcare) ZAR3.7 billion (USD279 million or €230 million) Project Summary Three main hospital groups dominate the private hospital sector in South Africa. These three groups hold more than 79% of the market share and the remaining 21% is…

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Project 5: Nyamane Agro Foods Holdings

Sector: Agriculture ZAR250 million (€15.8 million or USD18.9 million) Project Summary The NEF has entered into a 49/51% joint venture with Nyamane Agro Foods to undertake a BFS into the establishment of a tomato paste manufacturing facility in KwaZulu-Natal province.…

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Project 4: Kenako Medical

Sector: Healthcare & Manufacturing ZAR262 million (USD19.8 million or €16.5 million) Project Summary Kenako intends to develop the manufacturing plant of normal and safety syringes in the SADC region. There is currently no local manufacturing of any type of syringes…

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Project 3: Gemilatex

Sector: Manufacturing ZAR million (USD million or € million) Project Summary Gemilatex aims to investigate the viability of localising a male condom manufacturing plant with an annual production capacity of 70 million condoms. The project is currently at the Bankable…

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Project 2: Mendi Rail

Sector: Manufacturing ZAR150 million (USD11.39 million or €9.5 million) Project Summary Mendi Rail’s vision is to be a world leading manufacturer and supplier of high quality rail infrastructure components such as concrete sleepers and fasteners. The company wishes to take…

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Project 1: House of David Tlale

Sector: Manufacturing – Textiles ZAR125 million (USD9.5 million or €7.9 million) Project Summary The project aims to set up a design and production facility in Gauteng, that will service the textiles, retail and corporate wear industry. The entity will add…

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