IDC

  • Established: 1940
  • Type of organisation: Development Finance Institution (DFI)
  • Ownership: 100% owned by South African Government
  • Total assets: USD 9.6 billion (31 March 2017 – group)
  • Total liabilities: USD 3.1 billion (31 March 2017 – group)
  • Funding status: Fund operations and growth from investments, pay dividends & income tax
  • Credit rating: Baa3 (Moody’s)
  • Main business area: Providing funding for big business, entrepreneurs and projects contributing to industrialization
  • Geographic activities: South Africa and the rest of Africa
  • Stage of investment: Project identification and development, feasibility, commercialization, expansion, modernization
  • No. of employees: 839 (March 2017)
  • Operational footprint: Head Office in Johannesburg & 20 Regional and Satellite offices

https://www.idc.co.za/

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