
The Citizen Entrepreneurial Development Agency CEDA, a state-owned development finance institution, disbursed P696 million into the local enterprise ecosystem during the 2025–2026 financial year. This funding supported 1,717 citizen-owned businesses. Minister of Trade and Entrepreneurship Tiroeaone Ntsima stated in Parliament that CEDA increased its investment drive compared to the previous year, despite capital demand exceeding supply. As of the end of the third quarter of 2025, the agency's investments created employment for 3,109 people.
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This summary was AI-generated from a story originally published by Mmegi.