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The gap is larger than the market it serves
South African SMME financing market, R billion (upper-range estimates)
ARTOIS Growth Fund
An investment vehicle built to help small, medium and micro enterprises expand, create jobs and build sustainability in South Africa.
Formal SMME financing in South Africa is roughly R250–R300 billion, against an unmet funding gap of R350–R386 billion.
Total potential market value, if all viable funding needs were met, exceeds R600 billion.
The Fund is positioned to take a meaningful share of that opportunity.