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Mining services company secures dynamic capital funding from Edge Growth


Published on 2025-03-17 21:21:11 - Bizcommunity
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  • Modwal Trading, a full-service mining, construction, transportation and logistics company based in the Northwest, has been selected for funding from small business development specialist Edge Growth.The team at Modwal TradingThis interest-bearing loan amounting to R1,

The article from MSN discusses how a South African mining services company, Newrak Mining, has secured a dynamic capital funding solution from Edge Growth, a private equity firm focused on supporting SMEs in South Africa. This funding is aimed at helping Newrak Mining to expand its operations, particularly in the mining sector, by providing the necessary capital to invest in new technology and increase its market presence. The partnership not only offers financial support but also strategic guidance to enhance Newrak's growth trajectory. This move is part of Edge Growth's broader strategy to foster economic growth and job creation by investing in high-potential businesses within the country.

Read the Full Bizcommunity Article at:
[ https://www.msn.com/en-za/news/other/mining-services-company-secures-dynamic-capital-funding-from-edge-growth/ar-AA1B7oAq ]