Monday, May 11, 2026
-1.9 C
Lesotho

CAFIĀ 5th cycle incubation session begins

The Competitiveness and Financial Inclusion Programme (CAFI) Entrepreneurship Hub and Seed Financing Facility has commenced its onboarding session for the fifth cycle of its incubation programme.

The six-month programme, which began on Friday, brings together 60 selected enterprises identified as the most innovative and promising during competitive pitch sessions held on February 19, 2026.

According to organisers, the chosen startups stood out for their bold ideas and strong growth potential. They will now receive structured support through six dedicated Enterprise Support Organisations, aimed at strengthening their capacity and improving sustainability.

Speaking at the onboarding session, CAFI Director of Implementation, ’MakaliNathane, described the initiative as a strategic intervention designed to enhance business development services and broaden access to finance, particularly for youth and women entrepreneurs.

She said the programme is structured to support businesses across their entire lifecycle — from start-up and growth to eventual exit — ensuring that entrepreneurs are equipped with the necessary tools to navigate challenges at each stage.

ā€œThe programme prioritises the development of a robust entrepreneurship ecosystem by enhancing skills, improving access to finance, and fostering integration with regional markets,ā€ Nathane noted.

She added that by strengthening institutional support and linking entrepreneurs to wider markets, the initiative aims to position local enterprises for long-term competitiveness.

The CAFI Entrepreneurship Hub and Seed Financing Facility continues to play a key role in promoting innovation and financial inclusion, with each incubation cycle building on efforts to nurture a new generation of Basotho entrepreneurs.

Hot this week

Standard Lesotho Bank backs China symposium

Standard Lesotho Bank has reaffirmed its support for Basotho...

Lesotho PostBank launches new product

Lesotho PostBank has launched a new product called NtŔelise...

Vodacom launches 30th anniversary celebrations

Telecommunication giant, Vodacom Lesotho, has launched a year of...

Lupus survivor hosts brunch for warriors

The founder of Beka & Co and a victim...

New ministers meetĀ govtĀ officials

Newly-appointedĀ Minister of LocalĀ Government andĀ Chieftainship,Ā NkhethoaĀ Seetsa,Ā andĀ Minister of Home Affairs and Police,Ā VoeswaĀ Tsheka,...

Topics

Standard Lesotho Bank backs China symposium

Standard Lesotho Bank has reaffirmed its support for Basotho...

Lesotho PostBank launches new product

Lesotho PostBank has launched a new product called NtŔelise...

Vodacom launches 30th anniversary celebrations

Telecommunication giant, Vodacom Lesotho, has launched a year of...

Lupus survivor hosts brunch for warriors

The founder of Beka & Co and a victim...

New ministers meetĀ govtĀ officials

Newly-appointedĀ Minister of LocalĀ Government andĀ Chieftainship,Ā NkhethoaĀ Seetsa,Ā andĀ Minister of Home Affairs and Police,Ā VoeswaĀ Tsheka,...

Cabinet reshuffle; two ministers fired

Prime Minister Sam Matekane  has reshuffled cabinet for the first time,...

NUL to host workshop on preventingĀ electionĀ violence

The Strategic Institute for Research and Dialogue (SIRD) from...

Koloi vows to strengthen media ecosystem

The recently-elected chairperson of the Media Institute of Southern...
spot_imgspot_imgspot_imgspot_img

Related Articles

Popular Categories

spot_imgspot_imgspot_imgspot_img
0
Would love your thoughts, please comment.x
()
x