Established in 2008 as one of the KwaZulu-Natal (KZN) provincial government’s key strategic initiatives to accelerate Broad-Based Black Economic Empowerment (B-BBEE), job creation and economic growth in the Province, KZN Growth Fund Agency (KZNGFA) was structured as a unique publicprivate partnership venture to finance medium to large private sector projects. This unique initiative focuses on catalytic investments and economic sectors as dictated by its mandate and investment policy. In the past seven years, KZNGFA has committed and disbursed almost R1 billion to ten projects in the healthcare, manufacturing, telecommunication and logistics sectors and has created over 14,000 job opportunities.
2007