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CBE backs youth innovation with E30,000 grant to Enactus

Adekunle Owolabi by Adekunle Owolabi
June 30, 2025
in News
Reading Time: 1 min read
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Deputy Governor of the Central Bank of Eswatini, Felicia Dlamini-Kunene, hands over a cheque to Sabelo Dlamini, the newly appointed Country Leader of Enactus Eswatini, during the CSI handover ceremony held in Mbabane.

Deputy Governor of the Central Bank of Eswatini, Felicia Dlamini-Kunene, hands over a cheque to Sabelo Dlamini, the newly appointed Country Leader of Enactus Eswatini, during the CSI handover ceremony held in Mbabane.

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MBABANE – The Central Bank of Eswatini (CBE) has handed over E30,000 to Enactus Eswatini, backing its mission to empower student-led innovation and entrepreneurship across the country’s tertiary institutions.

The funding forms part of CBE’s broader corporate social investment initiative, where over E500,000 was distributed to six different organisations last week. The brief handover ceremony took place at the bank’s headquarters, drawing attention to the role of the financial sector in supporting community-driven development.

Receiving the cheque on behalf of Enactus, representatives from the student entrepreneurship network expressed gratitude and pledged to use the funds to scale up existing projects that aim to build sustainable, socially conscious businesses in various campuses.

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Deputy Governor Felicia Dlamini-Kunene remarked that the support was intended to help recipients create real impact in their communities. Enactus, which works with students to address societal challenges through business solutions, said the funds would contribute to building stronger teams and expanding the reach of their programmes.

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The organisation has active teams at several local universities and colleges, where students run initiatives ranging from eco-friendly solutions to digital innovation and agri-business.

Adekunle Owolabi

Adekunle Owolabi

Adekunle Owolabi is a journalist, political analyst, and digital strategist with experience across Africa and the Middle East. He focuses on international diplomacy, promotes digital inclusion, and advocates for a borderless Africa.

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