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Today (27 January), the Automotive Industry Transformation Fund (AITF), represented by CEO Jabulani Selumane, joined key...
27/01/2026

Today (27 January), the Automotive Industry Transformation Fund (AITF), represented by CEO Jabulani Selumane, joined key automotive industry stakeholders in an engagement with ’s Portfolio Committee on Trade, Industry and Competition on the implementation of the South African Automotive Masterplan (SAAM 2035).

The Portfolio Committee will be reviewing the SAAM 2035 report and is expected to make recommendations for its presentation to the National Assembly in the coming months.

The AITF Congratulates the Matric Class of 2025! We salute every learner who crossed the finish line of their Matric jou...
14/01/2026

The AITF Congratulates the Matric Class of 2025!

We salute every learner who crossed the finish line of their Matric journey in 2025. This milestone is more than a certificate, it is proof of resilience, discipline and belief in your potential.

As you step into the next chapter, we encourage you to choose career paths that will equip you to shape the future of South Africa’s automotive industry – an industry that is rapidly transforming through industrialisation, localisation, new energy vehicles, advanced manufacturing, digitalisation and skills innovation.

South Africa’s automotive sector needs engineers, artisans, technologists, designers, data specialists, policy specialists, entrepreneurs and future leaders who are bold enough to imagine, skilled enough to build and committed enough to transform.

The road ahead is filled with opportunity. The world is looking to Africa for the next chapter of automotive growth. You can be part of building vehicles, systems and value chains that power jobs, exports and inclusive prosperity. The future is not something you wait for, it’s something you build.

Once again, congratulations to the Matric Class of 2025. May your choices today drive South Africa forward tomorrow.

With just eight weeks to go until the 2026 Investing in African , we are pleased to share that our CEO, Jabulani Seluman...
10/12/2025

With just eight weeks to go until the 2026 Investing in African , we are pleased to share that our CEO, Jabulani Selumane, will be speaking at the 2026 conference – joining an exceptional lineup of thought leaders driving conversations that will shape the future of the mining and automotive industries.

Jabu’s session, scheduled for 9 February 2026, is themed “Deepening and Widening Automotive Value Chains in Africa.” He (along with other panelists) will unpack how Africa’s automotive sector can unlock greater economic growth by strengthening localisation in manufacturing, supply chains and component production – ensuring that the continent captures more value from its mineral wealth.

We hope to see you there. Are you attending?

Explore the full speaker lineup here: https://invt.io/1lxb2l5ii3l

Celebrating a Major Milestone in South Africa’s Automotive Value ChainA proud moment for the Automotive Industry Transfo...
28/11/2025

Celebrating a Major Milestone in South Africa’s Automotive Value Chain

A proud moment for the Automotive Industry Transformation Fund (AITF) as we celebrate the unveiling of VSL Manufacturing’s new R750 million, purpose-built facility in Gqeberha – a big win for localisation, black industrialisation and South Africa’s automotive supply chain.

VSL Manufacturing – a 51% African female–owned business – has shown remarkable resilience since 2018 after the liquidation of Stateline Pressed Metal. Today, they stand as a shining example of how targeted investment and public-private collaboration can secure jobs, build new capability and strengthen local manufacturing.

Through partnership with , and support from the , AITF, BIS and .SouthAfrica, VSL has commissioned a world-class facility strategically located next to ISUZU’s assembly plant.

- This boosts production efficiency
- Reduces logistics costs
- And has already created 52 new jobs in Gqeberha while sustaining 66 jobs in Komani.

AITF CEO, Jabulani Selumane, reflects on this milestone:

“We congratulate VSL Manufacturing on the completion of their new facility and we are pleased to have contributed towards the project. When we say 30% of the AITF’s funding is ringfenced for women-owned businesses, VSL is one of the beneficiaries that demonstrates this commitment in action. This milestone is a testament to our dedication to transforming the automotive value chain. We wish Vuyo and the entire VSL team all the best for the future.”

Driving Transformation. Enabling Competitiveness. Powering Industrial Growth.

The AITF remains committed to advancing localisation, supplier competitiveness and meaningful transformation in alignment with SAAM2035.

Congratulations to Vuyo Skweyiya, Deon van Zyl and the entire VSL Manufacturing team!

27/11/2025

Meet Electrocoat, another beneficiary of the Automotive Industry Transformation Fund (AITF). Based in Gqeberha in the Eastern Cape, they specialise in electrocoating – also known as electrophoretic deposition or e-coating – a process that enhances corrosion resistance.

They electrocoat a range of automotive components, including differential housings, for , , and .

Watch and learn about their journey.

Day 1 of the 2025 SA Auto Week has begun! If you’re attending, stop by our stand to explore funding opportunities that ...
01/10/2025

Day 1 of the 2025 SA Auto Week has begun! If you’re attending, stop by our stand to explore funding opportunities that can help drive growth in the automotive sector.

On the eve of the 2025 SA Auto Week, the — the private sector arm of The World Bank Group — hosted a workshop highligh...
30/09/2025

On the eve of the 2025 SA Auto Week, the — the private sector arm of The World Bank Group — hosted a workshop highlighting the automotive sector and its linkages to South Africa’s broader manufacturing industry.

During the session, AITF CEO Jabulani Selumane was interviewed by Paolo Spagnoletto, Manufacturing Lead–Southern Africa at IFC, on the activities of the AITF and the solutions it is advancing to support the sector in navigating current headwinds and unlocking future opportunities.

As we commemorate Nelson Mandela’s legacy today, we are reminded that “…It’s still in our hands to combat poverty and in...
18/07/2025

As we commemorate Nelson Mandela’s legacy today, we are reminded that “…It’s still in our hands to combat poverty and inequality...”

At the Automotive Industry Transformation Fund (AITF), this message is not just a theme – it’s a mandate we live by every day.

Founded in 2020 as a collective Equity Equivalent Investment Programme (EEIP) by seven leading OEMs – , , , , and – the AITF continues to drive inclusive and broad-based economic participation in South Africa’s automotive industry.

On this Mandela Day, we reflect with pride on the strides we’ve made as a transformation agent:

• Over R600 million invested in more than 70 black-owned businesses
• Over 30% of funding directed to women-owned enterprises
• 2,719 jobs created and retained since inception
• Local content maintained at ~40%
• 7% contribution by black industrialists to sector Gross Value Addition (GVA) – with a clear path to the SA Automotive Masterplan (SAAM) 2035 target of 25%

Looking ahead, between 2025 and 2029, we aim to invest an additional R1 billion, supporting more than 90 black-owned enterprises and strengthening Tier 2 and Tier 3 supplier participation. We’ve expanded our reach to include component manufacturers through the APDP2 Transformation Fund – providing an essential compliance avenue within the Automotive Production and Development Programme (APDP 2).

At the AITF, we remain steadfast in our commitment to building a more inclusive, equitable and transformative automotive ecosystem – because the fight against poverty and inequality continues, and the future is still in our hands!

On Friday, 28 March, our CEO joined the Presidential Roundtable with CEOs at the third annual Women Economic Assembly (...
29/03/2025

On Friday, 28 March, our CEO joined the Presidential Roundtable with CEOs at the third annual Women Economic Assembly ().

The dialogue explored how to unlock private sector supply chain opportunities for women-owned businesses.

Since 2020, the AITF has invested over R600 million into more than 70 black-owned enterprises — with 30% directed to women-led businesses.

Jabu reinforced the AITF’s transformation mission, spotlighting R500 million ringfenced (2024–2026) for:
• NEV charging infrastructure
• NEV component manufacturing
• Material recycling & beneficiation
• Automotive logistics

He encouraged women entrepreneurs in these strategic sectors to partner with AITF for funding, market access and business support.

Fellow panelists included:
• Punki Modise – .SouthAfrica
• Mziwabantu Dayimani –
• Phiwe Marumo –

Keynote speakers:
• Hon. Sindiswa Chikunga – Minister in the Presidency
• Hon. Parks Tau – Minister of Trade, Industry & Competition

Theme:
“Re-imagining an inclusive economy through gender-transformed supply chains.”

We are pleased to be the anchor partner for the 2024 SA Auto Week conference in Cape Town next week! Since day one, the...
08/10/2024

We are pleased to be the anchor partner for the 2024 SA Auto Week conference in Cape Town next week!

Since day one, the AITF has been at the forefront of driving transformation in the automotive sector by providing emerging entrepreneurs with market access, critical funding and business support opportunities across the value chain.

Another exciting opportunity to join the AITF, as we’re currently looking for a Post-Investment Manager. Please send all...
08/05/2024

Another exciting opportunity to join the AITF, as we’re currently looking for a Post-Investment Manager. Please send all your applications and queries to [email protected]

Exciting opportunity to join the AITF. We are currently looking for an Investment Manager.Please send all your applicati...
08/05/2024

Exciting opportunity to join the AITF. We are currently looking for an Investment Manager.
Please send all your applications and queries to [email protected]

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