CSI REPORT 2024
Review the IDC CSI 2024 report...
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The IDC’s Research and Information department takes pleasure in releasing its latest macroeconomic publication entitled “Economic overview: Recent developments in the global and South African economies”.
Performance of the agriculture, mining, manufacturing, electricity and construction sectors of the South African economy.
The aim of the study was to identify opportunities in the New Energy Vehicle (NEV) market that fall outside of the mainstream Original Equipment Manufacturer (OEM) supply chain, i.e. passenger vehicles.
In a powerful partnership aime...
Grant funding request of R1 34...
The Global Leading Light Initi...
At least 750 families, whose l...
The IDC, in partnership with t...
Hammanskraal, Gauteng: The Ind...
23 February 2024 Ladysmith, Kw...
Johannesburg— In a heartfelt...
JOHANNESBURG, SOUTH AFRICA ...
The Industrial Development Cor...
Ashraful Aid International Hum...
Principal Puleng Mogale and he...
Jozini, KZN: The Industrial De...
The Industrial Development Cor...
Gqeberha, Eastern Cape: Just o...
South Africa went into nationa...
Gender-Based Violence and Femi...
To support vulnerable househol...
The IDC established an Art Gal...
Four schools in Limpopo Over t...
Congratulations to Takalani Ba...
The recently released statisti...
We support developmental goals across 10 industry sectors, namely: Agro-Processing & Agriculture; Automotive & Transport Equipment; Chemicals, Medical & Industrial Mineral products; Energy; Infrastructure; Machinery, Equipment & Electronics; Media & Audio-Visual; Mining & Metals; Textiles & Wood Products; Tourism & Services.
Through our Partnership Programmes department, we offer a variety of Tailored Funding Products that provide funding by way of niche and innovative financial programmes. All with the goal of maximising industrial development in Southern Africa.
The IDC seeks to support communities in need due to unforeseen natural disasters or circumstances out of the control of the business owner. In the past 3 years, similar funds (Covid-19 Fund; Unrest Business Recovery Fund; Flood Relief Fund) have helped countless businesses survive tough times and saved thousands of jobs.
It is our goal at the IDC to assist SMEs in every way possible. The continuous load shedding has become a significant risk factor that threatens the survival of many small businesses. We have put together funding initiatives and energy solutions that will take the pressure off and allow business to thrive.
Review the IDC funding page, to find out what fund you qualify for.
Let’s find out what fund you qualify for.
Gather all the required documents you will need
in order to complete your application swiftly.
Register online, fill in the form and upload all the relevant documents
you have now gathered. IDC will confirm that it has received your application.
While processing we may ask you to supply extra information or documentation.
We will inform you in writing whether your application has been successful.
If your proposal is green lit, we will conduct due diligence on your business.
If we are satisfied with your bona fides, you will be asked to sign a loan contract
and funds will be distributed as per our agreement.
Now that you know what fund you qualify for, and what documents
you will need, let’s go!
Applications can also be submitted at the IDC offices.

The Industrial Development Corporation is a national development finance institution whose primary objectives are to contribute to the generation of balanced, sustainable economic growth in Africa, and to the economic empowerment of the South African population, thereby promoting the economic prosperity of all citizens. The IDC achieves this by promoting entrepreneurship through the building of competitive industries and enterprises based on sound business principles.
(R16.0 Billion in 2021/22)
(R7.2 Billion in 2021/22)
(27 130 in 2021/22)
(R6.6 Billion in 2021/22)
(R2.7 Billion in 2021/22)
(R170.8 Billion in 2021/22)
Skills and Expertise: Labour Market Policy & Employment Equity, Public-Private Partnerships & Strategic Advisory, Governance & Board Leadership, Socio-Economic Development & Transformation, Legal Expertise in Labour and Human Rights Law, Stakeholder Engagement & Social Compact Formation, Policy Development & Implementation and International Labour Organisation Collaboration.
Ms Tanya Cohen is a highly experienced public-private impact advisor and independent non-executive director with a strong commitment to solving complex socio-economic challenges that drive sustainable development. She operates at the intersection of business and government, enabling transformative outcomes that promote economic growth, employment, and inclusive policy reform. Her leadership is marked by clarity, enthusiasm, and the ability to mobilise execution across diverse stakeholder groups, including government, business, and labour. Ms Cohen has represented business interests at local, continental, and global levels, including at the International Labour Organisation. Her board experience spans tripartite government boards, commissions, and non-profit organisations, where she contributes to social, transformation, human resource, and governance subcommittees. As a Commissioner of the National Planning Commission, she continues to champion developmental impact and positive social change in South Africa. As an independent non-executive director, she brings deep expertise in stakeholder engagement, legal compliance, and strategic advisory, with a strong focus on transformation and sustainable development.
Skills and Expertise: Industrial Procurement & Development, Policy Formulation & Economic Development, Energy Economics & Infrastructure, Governance & Leadership.
Dr. Tebogo Makube is a seasoned policy and industrial development expert currently serving as a Board Member of the Industrial Development Corporation (IDC) and Chief Director for Industrial Procurement and Development at the Department of Trade, Industry and Competition (the dtic). He has extensive experience in fiscal policy, infrastructure planning, and energy economics, having held senior roles at the Financial and Fiscal Commission, National Treasury, and the National Energy Regulator of South Africa (NERSA). Dr. Makube also serves on the boards of Proudly South African and Trade & Industrial Policy Strategies (TIPS), where he is Chairperson. He holds a PhD in Energy Studies and postgraduate qualifications in Law, Economic Policy, and Energy Economics, and is an admitted Advocate of the High Court of South Africa. His expertise spans industrial procurement, regulatory frameworks, and economic policy development.
Skills and Expertise: Medical Biosciences, Scientific Research & Field Applications, Business Leadership & Strategy, Investment Management, Entrepreneurship & Innovation, Green Technology & Sustainability, Mentorship & Youth Development and Transformational Leadership.
Dr Keitumetse Tebogo Mothibeli is a dynamic scientist, entrepreneur, and investment strategist with a strong academic foundation in medical bioscience and a PhD focused on maternal health and cellular development. Her career spans roles in scientific research, field applications, and corporate leadership, including positions at Whitehead Scientific and Adcock Ingram. She has trained internationally in advanced imaging and karyotyping technologies and served as R&D Director for innovative companies like Zucchi Innovations and Mofaya. As the founder of Maidi Holdings, she broke ground as the first black female to acquire diving and hull cleaning licenses in key South African ports. Currently, she is the CEO of Crystal Partners, a 100% black female-owned investment firm driving strategic partnerships across Africa in sectors such as agriculture, energy, health, and mining. Dr. Mothibeli is known for her principled leadership, commitment to mentorship, and passion for sustainable development and social impact.
Independent Non-Executive Director
Qualification: Master of Business Administration (MBA), Postgraduate Diploma in Business Management, Higher Certificate in Shipping and Transport Management and additional postgraduate training in Management Development and Executive Development Programmes
Nationality: South African
Skills and Expertise: Public Sector Leadership, Governance & Policy Development, Security & Intelligence Operations, International Diplomacy & Development, Public-Private Partnerships & Infrastructure, Strategic Operations & Institutional Reform and Transport & Logistics Management.
Ms Ayanda Dlodlo is a seasoned South African public servant and executive with extensive experience in governance, security, and international development. She has held several ministerial positions in the South African government, including Minister of Public Service and Administration, Minister of State Security, Minister of Communications, and Minister of Home Affairs. Her leadership extended to the African National Congress (ANC), where she served on the National Executive Committee. In 2022, she transitioned to the global stage as an Executive Director at the World Bank Group, representing Angola, Nigeria, and South Africa. Academically, she holds an MBA, a Postgraduate Diploma in Business Management, and a Higher Certificate in Shipping and Transport Management. Her career reflects deep expertise in public sector reform, policy development, intelligence operations, and international diplomacy.
Skills and Expertise: Strategic Leadership & Business Development, Mining Operations & Commodities Trading, Investment Strategy & Private Equity, Corporate Governance & Board Leadership, International Business & Cross-Border Negotiation, Ethics & Organisational Integrity, Entrepreneurship & Innovation, Logistics & Industrial Services.
Mr Reon Barnard is a South African business executive and independent non-executive director with a strong background in finance, mining, and strategic leadership. He holds a B. Com in Finance from Stellenbosch University and an Executive MBA from the Tsinghua-INSEAD program, complemented by advanced certifications in ethics, negotiation, and board governance from institutions such as INSEAD, GIBS, and the Institute of Directors South Africa. With over two decades of experience, Mr Barnard has led and advised companies across mining, commodities trading, logistics, and industrial services. His expertise spans corporate governance, private equity, international business strategy, and ethical leadership, making him a valuable contributor to boardrooms and executive teams across sectors.
Skills and Expertise: Broad-Based Economic Empowerment, Corporate Governance & Board Leadership, Strategic Investment & Financial Services, Social Entrepreneurship & Inclusive Economic Models, Public Sector Advisory & Policy Development, Transformation & Women Empowerment, Risk Management & Ethics Oversight and Leadership in Crisis Response (e.g., Solidarity Fund).
Ms Gloria Tomatoe Serobe is a pioneering South African business leader and independent non-executive director, widely recognized for her contributions to economic empowerment and corporate governance. She holds a BCom from the University of Transkei and an MBA from Rutgers University in the United States, along with honorary doctorate from leading South African university. Ms Serobe is the founding CEO of WIPHOLD (Women Investment Portfolio Holdings), a trailblazing investment firm focused on empowering women through ownership and participation in the economy. She has served on the boards of major corporations including Sasol, Old Mutual, and the Solidarity Fund, where she played a key role in crisis response during the COVID-19 pandemic. Her expertise spans strategic investment, transformation, ethics, and inclusive development, making her a respected voice in both the private and public sectors.