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 board announces the appointment of Mr Tshokolo Nchocho as its new Chief Executive Officer
06 December 2018
The Board of the Industrial Development Corporation (IDC) is pleased to announce that the Cabinet, at its meeting of 5 December 2018, approved the recommendation of the Board of the…
IDC board announces the resignation of its Chief Executive Officer Mr Geoffrey Qhena
31 August 2018
31 August 2018 It is with a mix of sadness and gratitude that the Board of Directors announces the resignation of the Chief Executive of the Industrial Development Corporation…
IDC and AFD strengthen mutual partnership in knowledge exchange seminar
31 May 2018
A high-level seminar between the Industrial Development Corporation (IDC) and the Agence Française de Développement (AFD) strengthened the existing co-operation between the two institutions and expanded their scope of work.…
IDC officially opens new Emalahleni Office
31 May 2018
The Industrial Development Corporation (IDC) has officially opened its new office in Emalahleni, Mpumalanga on 23 May 2018. The opening of the Emalahleni office is a strategic intervention that will…
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…
Development Impact Support
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.