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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.

business4-icon4_0002_Vector Smart Object

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.

Artboard 12

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.

Artboard 123

Our Vision

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


YERF Statistics From 2018 Up-to 2024

25.5
Million Emalangeni Approved Loans
58.2
(%) Youth Unemployment Rate As Of 2023
542
Number Of Financed Businesses
328
Number of Male Beneficiaries Funded
214
Number of Female Beneficiaries Funded

YERF Funded Businesses by Region

116
Hhohho Region
184
Manzini Region
122
Shiselweni Region
120
Lubombo Region

Meet The New Board

Principal Secretary

Prince Mlayeto G. Dlamini

Board Member

Mr. Mncedisi Nxumalo

Board Member

Mr. Banele Manyatsi

Board Member

Ms. Nomfuneko Ntshangase

Board Member

Mr. Simphiwe Alpha Ndabezitha

Board Member

Ms. Tebesutfu Magagula

Board Member

Mr. Mandla Nkambule

Chairperson

Ms. Zitsile Dlamini

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.

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

Mr. Simphiwe Alpha Ndabezitha

Diploma in Accounting and Finance, with 10 years’ experience in the field.


He is a dynamic and inspiring leader with a strong foundation in accounting, finance, and community service. He is the founder and CEO of Alpha Solutions Investment, an esteemed accounting firm, he harnesses his entrepreneurial vision and strategic financial acumen to craft impactful financial strategies and manage complex projects with confidence. His passion for community development drives him to actively support initiatives that uplift and empower vulnerable populations, demonstrating his unwavering commitment to making a positive difference.

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.

Chairperson

Ms. Zitsile Dlamini

She has held senior roles including Managing Director at Safrican Financial Services, Country Manager at DHL Eswatini, and Group Chief Operating Officer at Old Mutual Eswatini.


Ms. Dlamini has contributed to industry policy and fostered cross-sector partnerships across Africa


Businesses We Have Funded



Our Partners


Contact Us