Press Releases

Press Releases

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.

...

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.

...

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.

 

...

The Industrial development Corporation has launched a Community of Practice (CoP) network platform which will function as a reservoir of information to be shared by development agencies. The initiative has been applauded by chief executives of various development agencies.

...

In a development aimed at addressing fundingconstraints for Small, Microand MediumEnterprises (SMMEs), the Minister of Economic Development Ebrahim Patel today launched a new entity called the Small Enterprise Finance Agency (SEFA).

...

The IDC has identified rural nodes and non-accommodation sub-sectors as strategic areas to facilitate job creation and grow the tourism sector, contributing to government’s goals of creating jobs by funding more viable businesses and projects.

...

The Industrial Development Corporation (IDC) has launched a R10 billion scheme, to run over 5 years, aimed at facilitating job creation and growing the economy. The announcement was made by Chief Executive Officer Geoffrey Qhena on Tuesday at IDC’s head office in Sandton.

...