Media releases: 2009

Africa and the global economic crisis

Details: Created on 12 December 2009

State-owned Industrial Development Corporation (“IDC”) today released a report through its Department of Research and Information titled “Africa and the Global Economic Crisis: Opportunities and Challenges” highlighting.

IDC Launches North West Office

Details: Created on 20 November 2009

The Industrial Development Corporation (IDC) continues to extend its national reach, with the state-owned development finance institution officially opening its North West regional office.

IDC announces record funding approvals of over R10 bn. in 2008/2009 - NEW

Details: Created on 02 July 2009

Overview The Industrial Developmental Corporation (IDC) today announced a strong performance for the year ended 31 March 2009, with funding approvals up 27% to R10.8bn and funding in the rest of Africa up by 38% to R2.9 billion. The IDC’s approved funding activity will facilitate the creation of 24.

IDC Closes €30M Deal With PROPARCO

Details: Created on 28 May 2009

The Industrial Development Corporation of South Africa Limited (IDC) has received a €30M (approximately R400M) credit line from Proparco, a subsidiary of the French Development Agency (AFD), based in Paris.

IDC GETS USD 50M FACILITY FROM CHINA CONSTRUCTION BANK

Details: Created on 19 May 2009

Johannesburg- The Industrial Development Corporation of South Africa Limited (IDC) has received a USD 50m loan from China Construction Bank (CCB)-Johannesburg Branch Chinese state-owned bank with offices in Sandton, Johannesburg.

IDC CONCLUDES EUR60M LOAN WITH EUROPEAN INVESTMENT BANK

Details: Created on 12 May 2009

The Industrial Development Corporation of South Africa Limited (IDC) has received a EUR 60 million credit line from the European Investment Bank (EIB) to finance private sector small and medium sized enterprises.

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