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Inyosi Empowerment
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Inyosi Empowerment is a Designated Empowering Supplier established to facilitate Broad-Based Black Economic Empowerment (B-BBEE) compliance for South African corporations. Founded as a collaborative effort involving the Old Mutual Group and the Masisizane Fund, the company's core mission is to connect corporate investors with qualifying black-owned Small and Medium Enterprises (SMEs). Inyosi manages an ESD fund where corporates can invest, and these funds are then used to provide crucial loan funding and support to the SMEs. This model enables corporate partners to achieve their ESD targets on their B-BBEE scorecard while simultaneously fostering the growth and sustainability of black-owned businesses in South Africa.
South Africa
Industry
Financial