Investee Stories

As at June 2013, the NEF had approved over R5.05 billion for black-empowered enterprises countrywide, in various economic sectors. 

Below is a sample of these investments:

Funding Solutions
Manhize Reductants (R1.4 billion)

Project summary

The project aims to establish a 360 000 tpa coking coal plant to convert metallurgical coal to coking coal (carbon reductant) for the ferroalloy industry. This will be a first for South Africa and for any black-owned company. The Scoping Study was completed in 2011 and prompted the initiation of a Pre-feasibility Study in 2013.


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