The National Empowerment Fund (NEF), in partnership with the Department of Tourism, hosted a Tourism Transformation Fund (TTF) Investee Showcase at the Tourism Grading Council stand during Africa’s Travel Indaba 2026 on Tuesday.
The showcase formed part of government’s ongoing efforts to advance transformation, promote inclusive participation and strengthen the competitiveness of black-owned tourism enterprises across South Africa.
The platform also provided prospective applicants with guidance on how to submit proposals for funding consideration under the Tourism Transformation Fund, with approvals aligned to the strategic objectives of the programme.
The TTF is a dedicated capital investment initiative established by the Department of Tourism in collaboration with the NEF. The fund provides financial support to black-owned tourism businesses and entrepreneurs with the aim of accelerating transformation within the tourism sector while supporting the growth of sustainable and competitive enterprises.
Stakeholders at the event described the fund as an important opportunity for tourism entrepreneurs to access funding, unlock business growth, expand market participation and contribute meaningfully to South Africa’s tourism economy.
Entrepreneurs with innovative and scalable tourism projects were encouraged to apply for funding through the National Empowerment Fund website
, where information on qualifying criteria, application processes and funding opportunities is available.
The event also marked the official launch and celebration of several Tourism Transformation Fund beneficiaries, while showcasing other NEF-supported tourism enterprises from different provinces. These businesses reflected progress in advancing government’s vision of inclusive economic growth and broader participation within the tourism value chain.
Among the participating beneficiaries were:
• Galenia Hotel Group – Northern Cape
• Kgabo Safaris – North West
• Yacoob Yachts (Tigresse Cruise) – Western Cape
• Elangeni Lodge (Mpumalanga)
The keynote address was delivered by Deputy Minister of Tourism Makhotso Sotyu, who encouraged tourism businesses to collaborate and support one another to strengthen the sector and create sustainable economic opportunities.
Director-General Victor Vele delivered the vote of thanks.
The Tourism Transformation Fund continues to play a key role in shaping a more inclusive tourism industry by empowering black entrepreneurs to build thriving businesses that contribute to job creation, regional development and South Africa’s global tourism appeal.
