Description

Manufacturing

ENIDC supports the development and expansion of the manufacturing sector by providing appropriate financing to enterprises investing in productive manufacturing activities. Funding is aimed at enabling businesses to acquire modern machinery and equipment, expand production capacity, improve productivity, develop new products, and increase local value addition.

Through financing manufacturing enterprises, ENIDC seeks to promote industrialisation, job creation, skills development, import substitution, export growth, and the development of sustainable local supply chains. Priority is given to projects that demonstrate strong economic and developmental impact and contribute meaningfully to Eswatini’s industrial transformation.

A non-exhaustive list of clusters include the following:

• Precision engineering
• Electronics
• Biomedical manufacturing
• Pharmaceuticals Manufacturing
• Chemicals
• Transport engineering
• General manufacturing
• Plastic and Paper
• Clothing and Textiles
• Etc.

Funding Pockets

At the moment we provide one or a mix of the following funding structures:

• Debt
• Equity
• Work-Order Financing

Our requirements

Applicant enterprises must satisfy all applicable corporate governance, statutory, regulatory, and compliance requirements, and demonstrate a clear and credible financial commitment from shareholders. Target projects must demonstrate strong underlying economic merit, including financial viability, long-term sustainability, and the potential to generate meaningful local value addition and economic impact.

Projects must also comply with all applicable environmental requirements and demonstrate strong positive social and developmental benefits. In addition, applicants are required to fully comply with ENIDC’s prescribed application  checklist  https://www.enidc.org.sz/applications/, providing all required information and supporting documentation. Compliance with the checklist forms an integral part of the assessment process and will be considered in determining the project’s eligibility for funding.