Over the past five years, nearly 800 black industrialists have been funded to the value of R18 billion, said President Cyril Ramaphosa.
"Black industrialists across the value chain, from hospitals to medical devices, have enjoyed support from development finance institutions such as the Industrial Development Corporation. Last week, we received firm commitments from both Germany and France to provide support for this venture, including financing technical expertise, skills training and know-how," President Ramaphosa said.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article