IDC South Africa
@IDCSouthAfrica
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The Industrial Development Corporation is a catalyst for industrial development that has helped develop and grow key sectors of the South African economy
South Africa
Joined May 2013
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IDC and the DMRE have signed a Memorandum of Understanding (MOA) that will pave way for launch of the Joint Mining Exploration Fund (JMEF). The JMEF will enable junior mining companies to access funding for exploration activity.
Speaking at the launch of the fund, IDC Head of
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The IDC has set-up the Gro-e-Youth Scheme to offer financial and non-financial support to youth enterprises.
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The IDC invites experienced Non-Bank Intermediaries (NBIs) to manage the Furniture Industry Challenge Fund (FICF).
Interested NBIs can apply for funding here:
#IDCFunding
#FurnitureIndustry
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Meet the IDC team at the Mining Indaba currently underway in Cape Town from the 5th – 8th February. Find us at booth 128C
@CTICC_Official
so we can help you to start or grow your mining business.
#IDCFunding
#MI24
#Mining
#Minerals
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IDC has invested in Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Round 1 & 2 adding 900MW of power to the national grid. Creating almost 7095 jobs across the Northern Cape, Western Cape, North-West and Eastern Cape.
#COP27
#IDCJustTransition
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Are you a Non-Bank Intermediary (NBI) with proven capacity and capability to on-lend to black owned SMEs and small businesses?
The IDC has R1,3 billion available as lines of credit to NBIs.
To apply, access application forms here:
#IDCFunding
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“The IDC recognises the substantial value and benefits that the green hydrogen economy will bring to South Africa. The green hydrogen economy presents new economic, skills, employment, and community opportunities for the country.”Joanne Bate, IDC COO.
#cop27
#greenhydrogen
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We’re looking to fund start-ups or established businesses who are on a path to sustainable mining. Is that you?
Contact us for tailored funding solutions, let us elevate your business, visit:
#IDCFunding
#Sustainability
#Mining
#RenewableEnergy
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The Furniture Industry Challenge Fund (FICF) aims to assist SMMEs in distress to survive the current economic downturn.
We are calling on interested NBIs to send their proposals to on-lend funding to SMMEs in the furniture industry.
@the_dti
#IDCFunding
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All roads lead to the Mining Indaba 6 - 9 February 2023.
Come connect with the IDC team at
#MI2023
stand no. A23
@CTICC_Official
. Let us help you unlock your journey to sustainable mining.
#IDCFunding
#MI2023
#Sustainability
#Energy
#InvestInMining
#infrastructure
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Meet Manoj Seonath, IDC's Head of Small Business Finance & Regions. Working for the IDC fulfils his personal drive to create sustainable businesses, which is at the heart of what we do. Follow the conversation & learn more on how we identify a "bankable business plan".
#InvestedIn
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The IDC is driving sustainability in mining value chains for meaningful participation of Black Industrialists and communities. We have funded
@SedibeloKM
for the acquisition of drill rigs to execute their drilling contract.
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A story is only as good as how it is told. The IDC is proud to have been part of the journey, from script to screen, of films that are commercially viable and universally compelling.
Three exceptional IDC-funded films to look forward to are “Death of a Whistleblower”, "Snake"
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The IDC has been invested in the development of the African film industry for many years. This is why we’re proud to be a sponsor of the
@JoburgFilmFest
!
We will be profiling some of our past and new projects as we celebrate the magic of cinema, storytelling, and production in
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As we wrap-up Women’s Month, we salute the contribution that women make towards building SA’s economy.
We had a chat with Yvonne Rakhuduwe, the co-owner of Bokone Gas based in Pretoria, Gauteng.
@Bokonegasinc1
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The IDC is a proud funder of Mara Phones, a new business that recently opened its doors to manufacture low cost, high-quality mobile smartphones for the South African market witnessed by President Cyril Ramaphosa at Dube Trade Port, KwaZulu-Natal
@MaraPhones
#InvestSA
#SAIC19
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Congratulations to
@moodewji
, President of MeTL Group, winner of IDC's sponsored category, Industrialist of the Year at
#AABLA2023
. His remarkable leadership has made a significant impact on the African continent.
Congratulations to the
#AABLA2023
Industrialist of the Year,
@moodewji
, President
@MeTL_Group
.
The All Africa Industrialist of the Year category was proudly presented by
@IDCSouthAfrica
.
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We’re INVESTED IN ensuring entrepreneurial success.
Meet Naomi Mtshali, IDC’s Gauteng Regional Manager, she believes our values of Passion, Partnership and Professionalism is what sets us apart.
Follow us and learn more on how we fund and support SMEs.
#InvestedIn
#IDCFunding
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As this cycle of the SA Investment mobilisation drive comes to a close, IDC is pleased to make a new R11 billion pledge to support various capital investment projects across diverse sectors.
Visit for more.
#IDCFunding
#SAIC2023
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R983.5 million already approved! Have you applied Post-unrest Business Recovery Fund yet?
Give your business a boost by applying for funding of up to R100-million at 0% interest for 12 months.
Apply here:
We don’t stay down. We rebuild.
#WeRebuild
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We congratulate Kate Machaba and Matshela Maloka on the launch of their business, Maloka Machaba Surfacing, the largest 100% black youth-owned hot mix asphalt manufacturing company in Limpopo.
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OUR 2017/2018 PERFORMANCE HIGHLIGHTS:
1. R16.7 Billion funding approved.
2. R15.4 Billion funding disbursed.
3. R2.2 Billion approved for women owned businesses.
4. R7.9 Billion approved for Black Industrialists.
5. R1 Billion approved for youth owned businesses.
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IDC has invested knowledge and time to assist
#SMEs
to create business plans that unlock funding potential. Watch this exclusive conversation with IDC’s Manoj Seonath and Naomi Mtshali with
@AyandaAllie
to hear about our funding process.
#InvestedIn
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Happy New Year South Africa! Let's all join hands in building our economy in 2019.
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As a development finance institution we fund start-ups & existing businesses across various industry sectors from R1 million & above. To find out more about the IDC, the sectors we fund and if we will be able to assist you with your business please contact us on 0860 693 888 IDC
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Sasolburg based innovative plastic brick manufacturer Ramtsilo Manufacturing & Construction is the first company to produce bricks using recycled plastic and sand.
#SBTopWomen
@SBTopWomen
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As we commemorate
#16DaysOfActivism
, the IDC is committed to support meaningful initiatives towards empowering those vulnerable to gender-based violence.
As part of our efforts, we have donated over R1 million to the New Life Centre that accommodates victims of
#GBV
.
#InvestedIn
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We're in the business of saving and creating jobs. R1.5 billion funding available at 0% interest to help your business get back on its feet. Apply online today:
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Congratulations Terence and Phumzile on the official start of your business. IDC is proud to have supported young entrepreneurs like yourselves. Keep going strong!
Today
@MakhamisaFoods
received their first batch of tanks on site.
"It always seems impossible until it is done" - Nelson R Mandela
#MakhamisaFoods
#sauces
#4IR
#BlackIndustrialist
@IDCSouthAfrica
@the_dti
@ProudlySA
@DAFF_ZA
@OfficialGDARD
@TheGGDA
@InnovHub
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Are you an experienced Non-Bank Intermediary (NBI) with experience to on-lend funding to SMMEs?
Apply & partner with us on the Furniture Industry Challenge Fund (FICF) to assist furniture manufacturing SMMEs improve their competitiveness.
@the_dti
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42
The IDC invites experienced Non-Bank Intermediaries (NBIs) to apply for the Furniture Industry Challenge Fund (FICF) to support SMMEs maintain & increase jobs and contribute to equitable economic growth.
@the_dti
Apply here:
#IDCFunding
#FurnitureIndustry
1
15
39
🏡 Gogo Mantoro's home dream comes true, thanks to the incredible partnership between IDC and the Collen Mashawana Foundation.
The Mantoro family spent their first night in their beautifully built and furnished home in Thornville, Pietermaritzburg. A heart-warming twist:
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GBV may be a prevalent global problem, but closer to home, it is a troubling ongoing scourge. At the IDC, we work and fight against this “first pandemic,” aiming to ensure a safe, secure, and supportive environment for our employees.
#InvestedIn
#EndViolenceAgainstWomen
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We are proud to support African Women in Agriculture (AWiA), a social enterprise promoting social change in the agricultural sector by giving women opportunities to be Agri-preneurs while supporting food security to encourage economic sustainability in township communities.
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We're in the business of saving and creating jobs.That's why we are partnering with you by offering R1.5 billion in our Post-unrest Business Recovery Fund.Funding is available at 0% interest to help your business get back on its feet. Apply online today:
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SA Fine Tuned is a 100% black-owned forestry company, located in Stutterheim in the EC, owned by Mlungisi Bushula. The company received IDC funding to establish its business of wattle pulpwood harvesting.
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Industries We Fund:
4. Tourism
5. Media and Audio Visuals
6. New Industries
7. Clothing and Textiles
8. Light Manufacturing
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The IDC CEO TP Nchocho, will be part of a panel discussion on “The State of Economic Transformation, Public Procurement and SMME Development, access to Funding and Markets” at the
#BBCSummit
today at 15:45.
@BlackBCouncil
#BBCSummit
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We're in the business of saving and creating jobs. That's why we are partnering with you by offering R1.5 billion in our Post-unrest Business Recovery Fund. Funding is available at 0% interest to help your business get back on its feet. Apply online today:
5
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The IDC understands the challenges and burden of being an entrepreneur during crisis.
Let us partner with you to rebuild your business. R1.5 billion available in funding at 0% interest. Let's get you started, apply here:
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IDC continues to be resolute in driving inclusive economic development. R6 billion of the total funding approved in the 2019 financial year, was for Black Industrialists, taking the total amount approved for Black Industrialists in the past 4 yrs to R21 billion, CEO, TP. Nchocho.
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Today marks the inaugural IDC Women In Manufacturing Conference 2017, taking place at The Focus Rooms, Sunninghill.
#IDCWIM
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GQ Tissue Products manufactures high quality tissues for the retail market. With efficient machinery, the company processes raw materials on its own and now employs more than 100 people.
#IDCFunding
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The IDC and
@CollenMashFound
joined forces to make a difference in the lives of the Kwadweshula community. Today, we hosted a remarkable SOD Turning ceremony to rebuild homes damaged by the devastating 2022 floods in KZN. Read more:
#IDCCSI
#WeRebuild
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“The IDC is looking to invest in mining companies that embrace technology for social progress, use technology to improve skills and enhance safety standards and well-being of workers from planning to execution.” – TP Nchocho, IDC CEO
#MiningIndaba2020
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The Board of the Industrial Development Corporation (IDC) is pleased to announce the appointment of Mr Tshokolo Nchocho as the new CEO of IDC. The Board is finalising Mr Nchocho’s commencement date and will make an announcement in this regard.
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Home is where our heart is 🏠
#IDCCSI
and
@ldmf_za
's teams are in Richards Bay at the opening of Gogo Emelda Zazi Sibisi’s home. This partnership will see gogo Emelda as well as three other families receiving their brand new and fully furnished homes this week.
#WeRebuild
#IDCCSI
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We want to assist new enterprises to start and existing enterprises to expand, through the provision of funding in order to create and preserve jobs, and drive social and economic growth.
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As part of Entrepreneurship Month, IDC’s Acting Head of Small Business Finance and Regions Naomi Mtshali, spoke to
@Powerfm987
about the IDC mandate and how entrepreneurs can access
#IDCFunding
.
Listen to the interview: .
You believe in yourself, so do we!
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The IDC funds start-ups and existing businesses with a minimum funding of
R1 million and a maximum of R1 billion.
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Today, we are hosting a webinar with our stakeholders to share information on the Covid-19 Small Industrial Finance Distress Fund aimed at assisting existing small businesses impacted by Covid-19.
#IDCCOVID19FUND
#IDCSouthAfrica
#IDCFunding
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Approved IDC funding for 5 years from 2014 to 2018, per province:
GP - R18 billion
NC - R12 billion
LP - R10 billion
WC - R8 billion
KZN - R6 billion
MP - R5 billion
EC - R4 billion
NW - R2 billion
FS - R1 billion
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My dream of owning a mine was realised in 2016 when, with IDC support, I bought a 51% stake in Overlooked Colliery. I have managed to create additional jobs within the community and contributed to community development - Ontiretseng Matthew Senosi
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A good set of numbers for financial year- end 2017. We have facilitated the creation and saved a combined 20,881 jobs.
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BUSINESSES THE IDC SUPPORTS:
1. Agro-processing & Agriculture;
2. Automotive & Transport;
3. Basic Metals & Mining;
4. Basic & Speciality Chemicals;
5. Chemical Products & Pharmaceuticals;
6. Clothing & Textiles;
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Today, we are joining hands with the dti to launch first black owned industrial sanitation and water treatment chemicals manufacturing company – Kevali Chemicals - in the Free State.
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This month marks 78 years since the establishment of the IDC in 1940. We celebrate 78 years of industrial empowerment and recommit our energy to advancing transformative industrialisation. Your partner in development finance.
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Kevali Chemicals in Harrismith, Free State, is a black-owned manufacturer of water treatment chemicals, cleaning and disinfecting solutions. Entrepreneurs with businesses in the speciality chemicals sector can apply to IDC for funding and investment.
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We congratulate the Amahlubi Chairmans Foundation (ACF) for the launch of their chemicals production facility this week in the North West province.
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Through our partnership with the
#LandBank
, we are thrilled to have supported
@khulaecosystem
, a digital marketplace where emerging and commercial farmers are connected, unlocking market opportunities owned by youth entrepreneurs.
#IDCCSI
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The IDC is proud to have played a part in the growing success of Ikhwezi Agro-Holdings (IHA), which grows vegetables and improves the lives of previously impoverished communities by creating jobs.
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In 2018, IDC approved R6 billion for the funding of black industrialists, and contributed to the creation of 14 620 jobs. For business funding information, visit us on or contact 0860 693 888.
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MATTER OF FACT: IDC approved R2.3 billion in 2017 for businesses with youth ownership of more than 25%. Recognising and supporting youth excellence.
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Today we are in Hammarsdale, KZN, launching Glodina Glodina Towelling (Pty) Ltd. Funded by the IDC, Glodina is a leading manufacturer of superior quality towels, with a long history as a preferred supplier to the hospitality industry and national retailers.
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Thembinkosi General Mthembu founded Mthembu Tissue Converting in 2005 in Durban. The tissue manufacturing company received financial support from IDC in 2017, and now aims to reach a R1 billion turnover by 2025. Read more on .
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We are proud to have supported Thembinkosi Mthembu’s MTC factory in Phoenix, KZN, which manufactures tissue papers for home and industrial use. MTC now has 103 employees and recently launched its own tissue brand, Cloud Nine. IDC, Your Partner In Development Finance.
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The Forum brings together over senior level executives and officials to sustain conversation on the issue of transforming DFIs and co-create the future of development banking and finance.
0
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Happy Youth Day!
The IDC acknowledges and celebrates the youth of South Africa.
#YouthDay
#IDCSouthAfrica
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6
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Through IDC funding, Ontiretse Mathews Senosi of Overlooked Colliery realised his dream of running his own successful coal mine.
“With the financing, we were able to grow from being a small colliery to signing a contract to supply 7 000 000 tonnes of coal to a local client, and
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The IDC is passionate about creating sustainable value chains in the mining and metals sector.
Come through to
#MI2023
stand no. A23 to speak to the IDC team & find out how we can unlock (and fund) your path to sustainability.
#IDCFunding
#InvestInMining
@CTICC_Official
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5
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The IDC Art Gallery provides space for young, emerging artists to showcase their work. For more details on the next exhibition contact gallery
@idc
.co.za.
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We offer funding up to R1 billion for production of motion pictures, feature films, animation and television series. We support local television broadcasting and fund post-production facilities. We want to develop black industrialists in the media and audio visual sector.
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We are proud of our North West based client, Baramakama Poultry who now have capacity to deliver more than 230 000 eggs per day. They supply TopLay Eggs, one of SA's leading egg producers.
#BaramakamaPoultry
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9
19
Today, IDC in partnership with
@HigherEduGovZA
launches a R2.4 million world-class chicken broiler facility at
@Taletso
, Lichtenburg campus.
With the facility, students will now be able to get on-the-job type training using the latest technology for work readiness.
#AgriTech
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"Through IDC funding we were able to create 18 jobs in farming and agro-processing in our rural area. We want to encourage cooperation and not competition, amongst SMMEs in South Africa" - Thadishe Phoku, (Khora Afrika)
#socialentrepreneurship
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IDC's Polokwane Regional Office Manager Kgampi Bapela,Kate Machaba and Matshela Maloka of Maloka Machaba Surfacing (MM Surfacing) at the launch of Limpopo female-led youth company Maloka Machaba Surfacing.
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4
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Meet and engage with the IDC team at stand
#211
at the
#MI2022
!
We are looking forward to partnering with you and unearth mining opportunities for growth.
#IDCFunding
#MI2022
#IDCTeam
1
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4 Days To Go!
The IDC has backed another proudly South African movie, “Seriously Single”, which premiers this Friday on Netflix. Locally produced movie created by Burnt Onion Productions and stars great local talent.
@single_movie
@Burntoniontv
This is definitely a must see!
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Are you an organisation doing development work in communities? Do you have the capacity to create at least 1,000 jobs in support of that work? Then you should apply now to the Social Employment Fund and become part of the solution to unemployment.
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Is your business in machinery and equipment? We offer finance to a range of users of mining, manufacturing, power supply and earthmoving equipment; compressors; pumps; gas cylinders; tanks and other machinery. Visit for more info.
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The IDC has the Gro-E Youth Scheme and the Youth Pipeline Development Programme to assist youth entrepreneurs -- Micheal Mashinini, Senior Regional Officer, IDC NW
#IDCyouthbusinesswithTHUD
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OUR APPROVED BUSINESS FUNDING BETWEEN 2014 - 2018 PER PROVINCE:
Eastern Cape - R4 billion.
Free State - R1 billion.
Gauteng - R18 billion.
KwaZulu Natal - R6 billion.
Limpopo - R10 billion.
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11
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The IDC welcomes Thabiso Sekano to its North West province team as the recently appointed North West Regional Manager. Thabiso is driven to reignite investment in the province through the promotion of meaningful partnerships with key stakeholders in the province.
#IDCSouthAfrica
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Based in Polokwane, the company specialises in hot mix asphalt manufacturing, cold mix asphalt production, and road surfacing placement. "It's a great day for us. We are proud of our achievement and wish to thank the IDC for partnering with us on this journey," - Matshela Maloka.
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In line with our industrial development mandate, we are proud to have partnered with
@cnbcafrica
for
@AABLAwards
. Our CEO, TP Nchocho & Chairperson, Busi Mabuza presented the Industrialist of the Year Award to Portia Mngomezulu of
@PortiaM_Skin
.
#AABLA2022
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We are live!
Join the IDC Masterclass
@SBTopWomen
now with Kalvenie Raja & Joy Manotwana to hear all about how to get funding ready and how to access
#IDCFunding
.
#WomenInBusiness
#SBTopWomen
#RiseAboveTheNoise
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CEO Geoffrey Qhena welcoming guests on behalf of IDC to the first Clothing, Textiles, Leather and Footwear Sector seminar
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3
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Youth Month Focus: We funded Wagienience, a youth-owned company founded by Paseka Lesolang, which developed WHC Leak-less Valve™, a water-control mechanism that reduces water leaks. This technology has the potential to become a low-cost industry standard.
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IDC is delighted to announce the appointment of our new regional manager for the Eastern Cape, Mr. Mandisi Rungqu, who will improve our service to clients in rural parts of the province.
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Nomuntu Ndhlovu (27) is a co-owner of waste management company, Siyabuddy, in Nkomazi Municipality, Mpumalanga. "We received funding from the IDC to start our business, and now we employ 18 people and plan to expand to other provinces," she said. Supporting Women Entrepreneurs.
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IDC funding continues to promote regional development and integration, economic empowerment of communities and growing black industrialists.
We fund start-up and existing businesses from R1 million, up to a maximum of R1 billion.
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Visit the IDC team at
#SAIC2022
to learn more about how we can assist you with funding your business.
Live stream
#SAIC2022
here:
#IDCFunding
#InvestSA
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17
The IDC is driving commercialisation of the local green hydrogen economy.
Since 2012 our exposure to renewable energy generation has grown to R15.8 billion, with our project investments to date helping to add 900MW of power to the national grid.
#SAIC2023
3
6
17
ICYMI: The IDC CEO, TP Nchocho speaks to
@CNBCAfrica
@MiningIndaba
about our role in mobilising
#JustEnergyTransition
,
#Mining
funding & the importance of industry inclusivity & integration.
Watch video:
#MI2022
#JustTransition
#IDCFunding
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