SAEDF Portfolio Company Spotlight: Ahanang Hardware & Consturction
With the help of SAEDF, greater economic opportunities and local empowerment are flourishing within South Africa. In 2001, SAEDF made an investment into Ahanang Hardware and Construction, a housing construction business located in Pretoria, South Africa. Owned and operated by a black woman, CEO Granny Seape, this unique firm offers opportunities for disadvantaged entrepreneurs in South Africa, as well as women and youth.
Ahanang Hardware and Construction provides housing for low income communities, such as within more marginalized and rural areas of South Africa. It clear through even just their construction practices that Ahanang is a company with its eye on the future of South Africa. They build strategically, doing so in such a manner that allow for possible house extensions by the owners, such as in the instance of a growing family. Through SAEDF’s support, the company’s commitment to the well-being and prosperity of the South African people has become evident, taking on projects that would permit more members of the South African community a chance to enjoy home-ownership and thoughtfully designed neighborhoods, all at an affordable cost.
The confidence and financial strength instilled in Ahanag Hardware and Construction by SAEDF has aided in the active promotion of South Africans, and the ability to thrive in their communities at large.
