FINCORP walks away with Silver at the Southern Africa Regional Exporter awards 2022, held in Eastern Cape, South Africa. The first prize went to Lesotho National Development Corporation (LNDC), with the bronze going to Lesotho’s Post Bank.

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By Inside Biz

Eswatini Development Finance Corporation (FINCORP) has won a silver award for the Capital Provider of The Year at the Southern Africa Regional Exporters Awards 2022.

FINCORP Brand Development and Communications Officer, Manqoba Makhubu represented the development financier at the award ceremony on Tuesday at the Boardwalk Casino and Hotel in Gqeberha, Eastern Cape, South Africa. The second edition of the awards was themed, “Celebrating the Export Excellence of Southern African Brands,”  

The Southern Africa Regional Exporters Awards entries were drawn from nine participating countries; Angola, Botswana, Eswatini, Lesotho, Malawi, Mozambique, Namibia, South Africa, and Zambia.   

FINCORP was shortlisted as a finalist for the Capital Provider of The Year category alongside the Lesotho National Development Corporation (LNDC), Lesotho Development Finance Unit, and FoxFin Financial Services (South Africa).

Lesotho Post Bank won the Bronze award, the Silver award went to FINCORP, and the category winner was the Lesotho National Development Corporation (LNDC).

In a press release issued by Makhubu, FINCORP’s Group Managing Director Dumisani Msibi said they are pleased, honored, and humbled for winning this award.  

He thanked the award organizers-Eastern Cape Development Corporation (ECDC) and the USAID Southern Africa Trade and Investment Hub (USAID Trade Hub for recognizing and awarding FINCORP’s hard work of economically developing Emaswati through the provision of accessible financial services.     

“We are pleased to be recognized by the awards as one of the best capital providers in the region. I believe that this award reflects our commitment and impact in pursuit of our founding mandate-to empower Eswatini citizens through the provision of meaningful access to credit, job creation, and poverty alleviation,” he said. 

Msibi expressed further gratitude to FINCORP shareholders, board and management, financiers, clients, and staff for playing a significant role to make the corporation a strong and remarkable brand to be reckoned with.   

“This recognition also acts as a catalyst for us to continue exploring new ways or innovations to keep on enhancing accessibility, affordability, sustainability, and effective risk mitigation measures in line with our new strategy,” he said.   

He also thanked the USAID Southern Africa Trade and Investment Hub Eswatini team for encouraging FINCORP to join the awards.

The event was attended by the Deputy Minister, Department of Trade, Industry and Competition, South Africa, Nomalungelo Gina; United States (U.S) Consulate General, Cape Town, Todd P. Haskell; Member of Executive Council (MEC), Department of Economic Development, Environmental Affairs and Tourism, Mlungisi Mvoko; and Executive Mayor Nelson Mandela Bay Metro, Eugene Johnson.  

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