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The Bulb World finalises P50m funding for SADC expansion

Friday, November 26, 2021 | 1830 Views |

Thinking regional: Jacob has his eyes set on expansion PIC: PHATSIMO KAPENG

Fast-rising local LED manufacturer, The Bulb World is finalising a P50 million round of funding that will enable the company to expand further into the SADC region, BusinessWeek has learnt.

The homegrown company has become the symbol of successful citizen-owned enterprise and innovation, steadily gaining a strong foothold in the local market and further afield onto competitive South African shelves.

This week, founder and CEO, Ketshephaone Jacob said the company’s expansion plans were nearing financial close.

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The Bulb World finalises P50m funding for SADC expansion

Fast-rising local LED manufacturer, The Bulb World is finalising a P50 million round of funding that will enable the company to expand further into the SADC region, BusinessWeek has learnt.

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

Khawa dangles largest payout

Ex-badminton official maintains innocence

Kwa Nokeng Oil sponsors young biker with P120,000

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Routine child vaccination imperative