Joblessness is a longstanding challenge for South Africa where the unemployment rate is 26% – officially. Off the record it’s closer to 40%, according to Milly Chesire at the EU Delegation in Pretoria, and hits 70% among historically disadvantaged persons (HDPs). This group is made up of black South Africans, women and people with disabilities, and it is these people the EU is helping the South African government to reach with funding for small and medium-sized enterprises via the Risk Capital Facility. Capacity4dev visited Americandy, a confectionary business in Johannesburg, to see how it works.
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