VOLKSWAGEN BEE TRUST

Volkswagen BEE Trust is passionate about supporting black-owned automotive suppliers in South Africa!... Volkswagen of South Africa decided in 2016 to provide R86m initial funding for the development of black owned suppliers in the Automotive Sector in South Africa. The fund has already invested almost a quarter of its investable funds in majority black owned businesses. The fund, although in its infancy, is the largest privately funded transformation fund in the Automotive Sector in South Africa. Our main goals are to support the creation of black industrialists in the Automotive Sector through funding, support and access.