The list of mining giants can never be complete without mentioning the name Anglo American.Anglo American is one of the worlds largest mining companies.Founded in 1917,This firms business portfolio spans across iron ore and manganese,metallurgical and thermal coal,copper,nickel and other minerals.With operations in Africa, Asia, Australia, Europe, North America and South America,Anglo American continues to make a difference in communities they work in.In South Africa, the Sebenza Fund has been a huge difference maker.
Anglo American’s Sebenza Fund, which is the fifth fund in the globally recognised Zimele stable is designed to channel a total of R500 million into communities throughout South Africa, particularly poverty nodes, with Anglo American and DBSA each contributing R250 million.
This Fund provides loans to existing businesses and start-up entrepreneurs at a preferential annual interest rate of 6%. As part of the model,on-going mentorship and training is available to all beneficiary companies.Services provided as part of this fund include assistance in developing business plans, provision of finance for the acquisition of assets and working capital, assistance with company formation and provision of ongoing company secretarial and administrative services, assistance with marketing the business to business units specifically for supply linkages, market development and expansion, provision of ongoing strategic, operational, financial and business support through representation on the board in a non-executive capacity, access to other disciplines, such as technical, legal, employee relations, human resources, public affairs and media relations.
To get the funding connection, contact can be made on 0312017444.