Eswatini youth fund seeks to strengthen local manufacturing
By the AFREEQUE newsroom, based on Times of Eswatini
Eswatini’s youth revolving fund is calling for loans to be linked to the creation of manufacturing businesses capable of reducing imports. Its director, Mandla Nkambule, presented the approach to the Senate Finance Committee in Ezulwini, advocating better support for urban and rural entrepreneurs.
Eswatini’s Youth Enterprise Revolving Fund wants to direct more of its support towards local manufacturing, beyond providing loans to entrepreneurs. Its Chief Executive Officer, Mandla Nkambule, defended the approach while presenting the 2026 amendment regulations to the Senate Finance Committee in Ezulwini, according to the Times of Eswatini.
Mandla Nkambule said the strong presence of imported products on supermarket shelves showed the need to invest more in domestic production. He called for new opportunities to be created for young entrepreneurs capable of manufacturing goods locally, the Times of Eswatini reports.
The rest of this article is for subscribers.
Try AFREEQUE!
12,000+ readers already get the AFREEQUE newsletter
- Every article in full: all the news from Africa, summarised and easy to read
- A local source in 52 of the continent’s 54 countries
- 100% independent: no advertising, no shareholders
- The satisfaction of supporting an independent African news outlet that serves its readers
Discovery offer
€1
for 15 days
then €9.99/month
Try it for €1No commitment · cancel in one click
New subscribers only
🔒 Secure payment with:
Already a subscriber? Log in
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
