KZN Growth Fund Agency

About

The KZN Growth Fund Agency (KGFA) is an unlisted entity of the EDTEA. It was initially set up in 2008 as an initiative of the KZN Government's Department of Economic Development and Tourism (DEDT), currently EDTEA, and was structured as a debt fund. The KGFA, which became operational in 2009, finances medium- to large- scale private sector projects throughout the KZN province. The main objective for the establishment of the entity was to provide competitive and innovative solutions to private sector investments that propel socio-economic growth in the KZN province. The EDTEA is the sole beneficiary of the KGFA. The KGFA's objectives are in line with the provincial Growth and Development Strategy as well as the New Growth Path Framework and various sector priorities.