A blended finance scheme for selected Eastern Cape-based agricultural businesses is driving the growth, competitiveness and productivity of 30 agri-entrepreneurs who have received over R50m in funding since 2023.
EC Development Corporation head of enterprise finance and business support Zinzile Nkonki said the ECDC, in partnership with the EC Rural Development Agency, launched the Agri-Blended Finance Scheme to promote access to finance for agri-businesses.