Financed by the National Empowerment Fund (NEF), Green Terrace is a black woman-owned commercial farming enterprise founded by Ms Mbali Nwoko in 2016. Based in the East of Gauteng, the business operates an intensive farming operation that currently supplies to top retailers in South Africa. Through innovation, resilience, and strategic partnerships, Green Terrace has grown from a multiple -crop operation into a sustainable agribusiness, that specialises in peppers and has created over 30 jobs an
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ICYMI 🎥: This past Saturday, Mr Joel Mphela, NEF’s Acting Divisional Executive: Venture Capital & Corporate Finance, joined the conversation at the ABSIP Youth Economic Indaba 2025. Under the theme: “Building Sustainable Futures Through Youth Participation & Leadership in Financial Services,” the Indaba brought together students, young professionals, and industry leaders to explore bold solutions for South Africa’s financial future. Mr Mphela shared insights on innovation, access to capital, an
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Wynfoods - Funded by the NEF Wynfoods, a 100% black women-owned and managed chicken processing plant based in the heart of Alexandra township, Gauteng. They are one of few companies that use plant-based brine which is a healthier alternative to the commonly used chemical based brine. The company services a wide range of clientele in the food industry and employ 94 people. Through the NEF business loan funding of R18 million, the proprietors, acquired the business from the previous owner who ran
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