We make an impact across the country, helping develop new business, growing existing companies, boosting local economies and providing expertise wherever needed.
Our African footprint
We bring a wealth of experience to industrial transformation across Africa, supporting sustainable development in Africa. MORE >
IDC signs non-disclosure agreement with BDEAC
22 February 2018
The IDC signed a Non-Disclosure Agreement (NDA) with the Development Bank of the Central African States (BDEAC) on the 14th of February 2018, which will enable the BDEAC to share…
IDC Unpacks the 2018 National Budget
23 February 2018
Building on the trends set by recent developments in the political landscape and reinforced by President Cyril Ramaphosa State of the Nation Address, the National Budget 2018 is likely to…
Competitions Tribunal approves IDC sale of Scaw
21 February 2018
The Competition Tribunal has conditionally approved the acquisition by Barnes Southern Palace of steel producer Scaw from the Industrial Development Corporation (IDC). As part of the sale agreement, the IDC…
Energy storage has potential to spur economic growth
17 August 2017
The global energy generation landscape is evolving rapidly from a centralised generation to a distributed energy generation model. While this change has created challenges, it has also created opportunities, says…
IDC funded cement plant - launches in Ethiopia
19 May 2017
As part of its objectives aimed at strengthening regional economic integration, the IDC partnered with South African cement manufacturer PPC, the ...
Global Entrepreneurship Congress 2017 - Minister Zulu on SMMEs
20 March 2017
The South African economy needs scalable SMMEs that can grow at an exponential rate. This is critical to helping government achieve its objectives of reducing unemployment,” said Small Business Development…
New energy plant launched in Cape Town
31 January 2017
On the 25 January 2017, the Industrial Development Corporation (IDC), working with other partners, Clean Energy Africa, WasteMart and Afrox launched the multi-million rand New Horizons waste-to-energy plant in Athlone,…
IDC approvals jump to R15.3 billion for 2017 financial year
31 July 2017
The Industrial Development Corporation (IDC) continues to be counter-cyclical in the current economic environment. In 2017, the IDC demonstrated...
Bag manufacturer opens plant in Cape town
19 July 2017
Start-up enterprise, PP Excel (Pty) LTD has officially launched a manufacturing plant in Cape Town. The plant manufactures quality woven polypropylene cement and raffia bags...
Building local economies
Our work in funding and supporting public local economic development agencies across the country. MORE >
Corporate responsibility
It is important for us to play our part in improving the quality of life of all our communities, especially in rural and underdeveloped areas.
Supporting innovation
Intellectual capital plays a huge role in our economic development and, through the Open Innovation Initiative, we encourage an exchange of ideas.
Facing tough economic times globally and locally, South Africa - and the IDC as one of its key development finance institutions - must diversify and focus on opportunities in three key areas, argues Economic Development Minister Ebrahim Patel.