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Welcome

YERF is a business support mechanism established for youth between the ages of 18 – 35 years, aimed at contributing to the reduction of youth unemployment through the provision of business capital for qualifying individuals, associations and companies.
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Our Mission

To Provide Development Finance and Support to Eswatini’s Youth, Thus Fostering Their Inclusive Economic Participation Through Innovative, Accessible, and Sustainable Entrepreneurship Development.
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Our Vision

To be a Leading and Innovative Economically Empowering Financial Institution for the Youth in Eswatini.

YERF Statistics From 2018 Up-to 2024

18.3
Million Emalangeni Approved Loans
46.22
(%) Unemployment Rate For Youth 18 - 35 Years As Of 2019
342
Number Of Financed Businesses
223
Number of Male Beneficiaries Funded
119
Number of Female Beneficiaries Funded

YERF Funded Businesses by Region

85
Hhohho Region
125
Manzini Region
58
Shiselweni Region
74
Lubombo Region

Meet The New Board

Chairperson

Mr. Sifiso Dhlamini

Principal Secretary

Prince Mlayeto G. Dlamini

Deputy Chairperson

Thulile Pasha Zwane

Board Member

Mr. Mncedisi Nxumalo

Board Member

Mr. Banele Manyatsi

Board Member

Ms. Nomfuneko Ntshangase

Board Member

Ms. Tebesutfu Magagula

Board Member

Mr. Mandla Nkambule

Chairperson

Mr. Sifiso Dhlamini

Bachelor of Arts with a double major in Media Studies and Politics


Mr. Dhlamini’s areas of expertise include corporate communications, marketing, media, and public relations.

Principal Secretary

Prince Mlayeto G. Dlamini

Bachelor of Science in Information Technology


Mr. Dlamini’s area of expertise covers policy development and management, budget development, and administration. Public / Community relations.

Deputy Chairperson

Thulile Pasha Zwane

BSc. Animal science & Msc. Agriculture Economics


Has an Msc. Agriculture Economics from NPUST in Taiwan, a Bsc. Animal Science from the University of Eswatini and holds a Management Development Programme Certificate from the University of Stellenbosch. She has participated in several consultancy jobs inclusive of FAO, AUIBR, ILRI, amongst others, and has had membership in various associations and steering committees, and collectively possesses over 9 years of working experience.

Board Member

Mr. Mncedisi Nxumalo

B.Com Degree in IS & Technology


Mr. Nxumalo’s area of expertise involves Finance, IT-related functions, and Supply Chain Management. His passion is the development of Emaswati.

Board Member

Mr. Banele Manyatsi

Associate Degree in Tourism and Customer Service.


Mr Manyatsi is a multi-skilled professional with work experience in tourism, research, and banking.

Board Member

Ms. Nomfuneko Ntshangase

A qualified Environmental & Development Specialist


Ms. Ntshangase’s expertise includes stakeholder management, with vast experience in entrepreneurship.

Board Member

Ms. Tebesutfu Magagula

Currently pursuing a Bachelor of Laws Degree (LLB)


Ms. Magagula has been exposed to court litigation in the Magistrate Court. Has an interest in Youth Empowerment.

Board Member

Mr. Mandla Nkambule

CA (UK ACCA), Mphil Dev. Finance, B Com & Dip. Accounting


Mr. Nkambule’s area of expertise covers auditing and risk management, strategic sourcing and procurement, systems designs, and management process.

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Businesses We Have Funded



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