Lesotho, Dec. 10 -- The Government of Lesotho has launched the Inclusive Growth Facility, a groundbreaking M400 million programme designed to expand access to finance for Basotho-owned micro, small and medium enterprises (MSMEs) - especially women, youth and start-ups.

The Minister of Finance and Development Planning, Hon. Reselisitsoe Matlanyane, and the Minister of Trade, Industry and Business Development, Hon. Mokhethi Shelile, presented the initiative and outlined how it will transform Lesotho's business landscape.

HOW THE FUNDS ARE ALLOCATED

M100 million First National Bank (FNB) Lesotho For textile & garment sector enterprises

M300 million Lesotho PostBank (LPB) For MSMEs across multiple sectors

Priority Groups

35% for women-o...