Speaking at a district road show that was held at Leribe English Medium in Hlotse, Leribe on Friday, the minister said both the government and LNDC had contributed up to M410 million towards the development of local businesses.
The road show was aimed at promoting the LNDC Development Finance Instruments within the local private sector and participating commercial banks that have presence in the selected districts to promote Investment Opportunities.
It was also meant to create a platform for LNDC stakeholders to engage the local sector.
Dr Molapo further urged Basotho to apply for financial assistance to start new businesses and boost existing ones, adding however that more foreigners are trading than Basotho.
He was quick to show that there are several business opportunities which Basotho can venture into while LNDC through its representatives will guide them through the different kinds of financial assistance on offer.
He also appealed to Basotho to engage in agriculture, saying residents of Leribe should use the Tsikoane Market Centre to their advantage.
He said the government has engaged several people in the public service, hence, the private sector should also do its bit by contributing to the reduction of the high unemployment level in the country.
He further urged those who are still struggling to get their businesses off the ground to come forward to get assistance.
“It is time we sold our products to the whole world,” he also said.
Addressing the youth, Dr Molapo encouraged them to come together and form societies and joint businesses.