Media releases: 2012
IDC signs MOU with the government of Bayelsa State
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- Created on 16 November 2012
The Industrial Development Corporation (IDC) and the government of Bayelsa State today signed an historic memorandum of understanding to help set up a development financing institution (DFI) in the Nigerian state.
Press release on behalf of AADFI and ADFIAP
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- Created on 14 November 2012
The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) is taking part in the first joint CEO Forum with the Association of African Development Finance Institutions (AADFI) this week.
IDC, BAW launch a CAM taxi assembly plant
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- Created on 13 November 2012
The Industrial Development Corporation (IDC), in partnership with Beijing Automotive Works Co. Ltd (BAW), a Chinese original equipment manufacturer (OEM), will set up a local taxi assembly plant which will go under the banner BAW South Africa.
Opening of the 1st joint CEO Forum
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- Created on 14 November 2012
CEOs from across the southern hemisphere were meeting at a “very opportune” moment. The 1st joint CEO Forum organised by the Association of African Development Finance Institutions (AADFI) and the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) is being held at a time when “the recovery from the global financial crisis – a glitch in the financial sector – is still very fragile”, the chief executive of South Africa’s Industrial Development Corporation (IDC), Mr. Geoffrey Qhena, reminded guests at the opening ceremony.
IDC funding boosts rural employment
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- Created on 03 September 2012
The Industrial Development Corporation (IDC) grew its funding activity by 55% to R13.5 billion, while the number of funding approvals rose by 33% to 293 in the financial year ending on 31 March 2012.
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