25 Mar Black Industrialists Catalysing Economic Growth and Jobs
This Black Industrialists Conference takes place on the eve of the 20th anniversary of the implementation of the Broad-based Black Economic Empowerment Act (B-BBEE Act)....
News & Publications
08 Mar DC and IT Labs Foundation partner to help in flood devastated KwaMhluntu
23 February 2024 Ladysmith, KwaZulu-Natal (KZN): The Industrial Development Corporation (IDC) and the IT Labs Foundation have come together in a multi-million-rand intervention to assist the community of KwaMhluntu and the Inhlanganiso Primary school which were severely affected by the floods that hit Ladysmith in the...
06 Feb DMRE AND IDC SIGN MOA TO OFFICIALLY ESTABLISH THE JUNIOR MINING EXPLORATION FUND
The Department of Mineral Resources and Energy (DMRE) and the Industrial Development Corporation (IDC) have signed a Memorandum of Agreement (MOA) officially establishing the Junior Mining Exploration Fund (JMEF). The establishment of this fund forms part of South Africa’s mineral exploration strategy. The main objective of...
06 Dec IDC and ACWA sign R20 billion Joint Development Agreement to boost energy security in South Africa
Johannesburg - In one of the key developments during the 2023 UN Climate Change Conference (COP 28), South African development funder, the Industrial Development Corporation (IDC), and ACWA Power Company signed a Joint Development Agreement Term Sheet (JDATS). The purpose of the agreement is to...
22 Nov IDC Development Report (2018-2022)
South Africa’s Industrial Development Corporation (IDC) is committed to fulfilling its mandate of measurably contributing to sustainable industrial development and to an inclusive economy through its funding activities. In achieving this, the Corporation strives to play a meaningful role in society and operate responsibly and ethically. This...
11 Oct The Collen Mashawana Foundation (CMF) and Industrial Development Corporation (IDC) Extend a Further Helping Hand to Flood-Affected Families in KwaZulu-Natal
Johannesburg— In a heartfelt gesture of compassion and solidarity, the Collen Mashawana Foundation (CMF) and the Industrial Development Corporation (IDC) have joined forces to bring hope and shelter to families devastated by the 2022 floods in KwaZulu-Natal. As part of their collaborative initiative, CMF and...
29 Sep SUMMARISED AUDITED* FINANCIAL RESULTS AND PERFORMANCE HIGHLIGHTS FOR THE YEAR ENDED 31 MARCH 2023
The year in review was characterised by several global and domestic headwinds, including slow economic growth, geopolitical tensions, domestic power supply constraints and weather-induced natural disasters. These factors largely tested the resilience of our economy. Of significance, the coordinated response by both the private sector and...
26 Sep IDC posts historic funding and investment activity for the year ended 31 March 2023
Johannesburg - The Industrial Development Corporation of South Africa (IDC) recorded a historical increase in funding support to key sectors of the economy, for the financial year ending 31 March 2023. Against the backdrop of a domestic economy battling several global and domestic headwinds, including slowing international...
21 Aug IDC and Bank of China sign R10bn funding Framework Agreement
The Collen Mashawana Foundation and the Industrial Development Corporation Join Forces to Rebuild Homes Affected by KZN Flood...
17 Aug The Collen Mashawana Foundation and the Industrial Development Corporation Join Forces to Rebuild Homes Affected by KZN Flood
The Collen Mashawana Foundation and the Industrial Development Corporation Join Forces to Rebuild Homes Affected by KZN Flood...