MASERU, March 5 -- In order to foster an inclusive entrepreneurial ecosystem and empower women and youth businesses, the Lesotho government, through the Ministry of Trade, Industry, Business Development and Tourism, has launched the third cohort of its incubation program.

This initiative, spearheaded by the Lesotho Entrepreneurship Hub and Seed Financing Facility (LEHSFF), a project under the Competitiveness and Financial Inclusion (CAFI), aims to nurture 50 promising enterprises with the skills to thrive in the business industry and create jobs for Basotho.

CAFI was launched in 2023 by the Ministry of Trade with the aim of strengthening the entrepreneurial ecosystem. Each cohort undergoes a six-month incubation period and receives a no...