Highlights from our day at #COP29: We hosted a panel discussion on “Implementation of Sustainable Industrial Pathways: Developing a Pipeline of Projects for a Just Transition”. Our panel of experts from IDC, Development Bank of Southern Africa (DBSA), Agence Française de Développement, and British International Investment shared valuable insights on the implementation of sustainable industrialisation. Don’t miss the opportunity to engage with #IDCTeam at the #COP29 SA Pavilion. #ESG #IDCJustTransition #Industrialisation
Industrial Development Corporation
Financial Services
Johannesburg, Gauteng 63,041 followers
Partnering you. Growing the economy. Developing Africa
About us
The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Second World War. For more than 70 years the IDC has contributed to the implementation of South Africa's industrial policy and has established, among others, the petro-chemicals and minerals beneficiation industries. We have stimulated large industrial projects in these industries - acknowledged today as the cornerstones of the country's manufacturing sector - and influenced the establishment of industries in fabricated metals, agriculture and clothing and textiles. The IDC's funding is generated through income from loan and equity investments and exits from mature investments, as well as borrowings from commercial banks, development finance institutions (DFIs) and other lenders. We align our priorities with government's policy direction and remain committed to developing the country's industrial capacity, as well as playing a major role in facilitating job creation through industrialisation.
- Website
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https://www.idc.co.za/
External link for Industrial Development Corporation
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- Johannesburg, Gauteng
- Type
- Government Agency
- Founded
- 1940
Locations
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Primary
Get directions
19 Fredman Dr
Johannesburg, Gauteng 2196, ZA
Employees at Industrial Development Corporation
Updates
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The IDC’s participation in the UN Climate Change Conference (COP29) is of profound importance, as a business focused on sustainable industrial development and structural transformation. We look forward to meeting you at COP29 (SA Pavilion) in Azerbaijan. COP29 Azerbaijan #COP29 #ESG #IDCJustTransition #Industrialisation
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We are hosting a panel discussion at COP29 (SA Pavilion) in Azerbaijan. Join our team of experts as they discuss and share their insights on implementing sustainable industrialisation. RSVP to deniser@idc.co.za to secure your seat. COP29 Azerbaijan #COP29 #ESG #IDCJustTransition #Industrialisation
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We had an informative session earlier this week at the University of the Free State, for the provincial launch of the Khoebo Innovation Promotion Programme (KIPP), as part of our regional roadshows. These launches, hosted in collaboration with the Department of Trade, Industry and Competition, are aimed at providing understanding of the fund and bolster partnerships with stakeholders. Join us at the Limpopo Launch: 📆15 November 2024 at 9:30 📍Protea Hotel Ranch Resort Register now: https://lnkd.in/dSigRgXq Watch Free State launch video: https://lnkd.in/dQid3yEw #KIPP #IDCFunding #InnovationFunding #Entrepreneurship #LocalEntrepreneurs
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The IDC is at the SANEA NPC Leadership Conference from 6-7 November at the Gallagher Convention Centre. Our Head: Energy, Christo Fourie, and Principal Specialist: Sustainability, ESRG and Impact, Lwandle Mqadi, PhD, shared their views on critical topics around energy and sustainability. We continue to play a critical role in enhancing SA’s energy security, with an exposure to the renewable energy sector close to R17 billion. #IDCFunding #SANEACon24 #EnergyLeadership
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The Green Tourism Incentives Programme (GTIP), supports tourism establishments to adopt energy-efficient and renewable energy systems, contributing to a greener, more sustainable SA. Attend our webinar on Wednesday, 13 November 2024, to learn more about the fund and the application requirements. Register now: https://lnkd.in/dCMSzTTU #SustainableTourism #GTIP #IDCFunding #GreenEnergy #TourismInnovation #EcoFriendlySA #GoGreen
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ICYMI: IDC’s Acting Divisional Executive for Manufacturing, Mark Ashley Goliath, yesterday shared some valuable insights on the state of local manufacturing and potential growth opportunities in the rest of Africa. He reiterated IDC's commitment to the sector and its support to local businesses looking for expansion opportunities. Listen to the interview: https://lnkd.in/gx9jxZtT #IDCFunding #Manufacturing #BusinessFunding
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We’re calling all SMEs, entrepreneurs, and innovators. Join us at the Free State launch of the Khoebo Innovation Promotion Programme (KIPP), which helps empower SMEs and entrepreneurs in townships and rural areas. Register to attend the event: https://lnkd.in/dSigRgXq #KIPP #IDCFunding #InnovationFunding #Entrepreneurship #LocalEntrepreneurs
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The IDC is here to fuel your dreams with our business funding solutions! From idea to impact, we’re backing South Africa's next big success stories. Visit any of our offices nationwide: https://bit.ly/3NFyK8e #IDCFunding #FundingOpportunities #FuelingYourFuture
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The IDC and SA BRICS Business Council Chairperson, Busi Mabuza, participated in a panel discussion on “Leveraging Trade to Promote Prosperity and Combat Hunger”, at the B20 Summit 2024 in Brasil. The discussions reinforced the importance of international trade and development as key drivers of economic development, technological advancement, and the achievement of Sustainable Development Goals. #B20SummitBrasil #trade #Partnership
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