Media Room

Agency Development and Support

We have an award winning research team that leads the way in diverse sectors. Our latest accolade is the Thomsons Reuters Economist of the year for 2013. MORE >

Open Innovation

It is important for us to play our part in contributing to improving the quality of life of all, especially in developed areas. MORE >

Corporate Social Investment

Our R10-billion Gro-E-Scheme offers financial support to start-up businesses as well as financing expansion projects - all with the aim of creating jobs. MORE >

Media releases: 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.

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.

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.

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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Domestic Medium Term Note Programme

The Industrial Development Corporation of South Africa Ltd has established a ZAR15,000,000,000 Domestic Medium Term Note Programme (as amended and updated on 17 July 2012). You can read the memorandum here. MORE >

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