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About IDC

Who we are Established in 1940, we are a national development finance institution set up to promote economic growth and industrial development. We are owned by the South African government under the supervision of the Economic Development Department. Our vision We aim to be the primary source of co... read moremmercially sustainable industrial development and innovation to benefit both South Africa and the rest of Africa. Our mission Our mandate is to contribute to the creation of balanced, sustainable economic growth in South Africa and on the rest of the continent. We promote entrepreneurship through the building of competitive industries and enterprises based on sound business principles. Our values Everything we do is directed by our values: Passion Partnership Professionalism Our mandate 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) and is fully owned by the South African Government. 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. We have contributed to the implementation of South Africa's industrial policy for more than 70 years and 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. During the 1990s, our mandate was expanded to include investment in the rest of Africa. The Mozal aluminium smelter in Mozambique was the first such venture. We secured investors from around the globe to establish a major industrial enterprise in a country plagued by decades of civil war. The smelter illustrated the viability of large projects on a continent often shunned by investors. Currently, our investments in Africa include mining, agriculture, manufacturing, tourism and telecommunications. 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. Our industrial development role As a key implementing agency of industrial policy, the IDC's activities currently centre on the National Development Plan (NDP), the New Growth Path (NGP) and the Industrial Policy Action Plan (IPAP). We identify sector development opportunities aligned with policy objectives and develop projects in partnership with stakeholders. By developing industrial capacity the IDC achieves specific outcomes. The most important of these is to enable job creation through the companies we fund. In addition, IDC funding continues to promote regional development and integration, economic empowerment of communities and growing black industrialists. The IDC remains committed to promoting environmentally sustainable growth and increasing sectoral diversity to boost the local production of goods. The corporation also plays a critical role, directly and through its sefa subsidiary, in promoting entrepreneurial development and growing the SME sector. While our funding activities focus mainly on the private sector, we work closely with different levels of government agencies and sector organisations to coordinate industry development. We also support government in other areas related to its development objectives, such as research and management of government funds allocated to achieving specific outcomes. We pro-actively develop and implement strategies in the rest of Africa to create and integrate value chains across the continent. Our aim is to use the strengths of different countries in the region to establish a more competitive industrial base.

IDC Jobs in South Africa

282 vacancies
      • Senior Specialist: Investor Relations at IDC

      • Synopsis The Senior Specialist: Investor Relations is responsible for building, managing, and strengthening IDC’s relationships with fixed-income investors, lenders, development finance pa
        • 02 October
      • Industry Expert – Mining and Metals at IDC

      • Job Description MAIN DUTIES AND RESPONSIBILITIES Financial / Shareholder Returns Facilitate the sourcing / crowding in of funding from various sources Lead the identification of potentia
        • 02 October
      • Industrial Policy Support Fund (IPSF) Manager at IDC

      • Job Description To manage and administer the Industrial Policy Support Fund (IPSF), ensuring that the Fund effectively supports evidence-based industrial policy formulation, industrial developme
        • 02 October
      • Compliance Monitoring Specialist at IDC

      • Posting End Date 20 Sept 2026 Synopsis The Compliance Monitoring Specialist (“Monitoring Specialist”) will be working within the Compliance and Regulatory Affairs Department of
        • 17 September
      • Senior Credit Manager at IDC

      • Job Description Partner with Strategic Business Units and the Client Support & Growth Division to support early client assessment, bringing diverse expertise to evaluate credit risk and inve
        • 17 September
      • Senior Associate: Development Debt at IDC

      • Posting End Date 23 Sept 2026 Job Description To ensure the correct and timeous implementation of approved transactions and proactive management of Business Partners with the view of enhan
        • 17 September
      • Turnaround and Business Rescue Analyst at IDC

      • Posting End Date 24 Sept 2026 Job Description To support Turnaround and Business Rescue Specialist with diagnostic business reviews, financial due diligence and crafting turnaround solutio
        • 17 September
      • Management Consulting Analyst at IDC

      • Posting End Date 24 Sept 2026 Job Description Provide analytical, diagnostic, coordination and implementation support to Early-Stage Advisory Services Specialists and Senior Specialists in
        • 17 September
      • Capability Sourcing Analyst at IDC

      • Posting End Date 24 Sept 2026 Job Description To source, engage and monitor fit-for-purpose external capabilities that support IDC Business Partners Support and enable access to qualifie
        • 17 September
      • Secretary - Mining & Metals at IDC

      • Posting End Date 20 Sept 2026 Synopsis Responsible for providing Secretarial and Administrative support to the SBU Head and the team to ensure an efficient running of the SBU. To as
        • 17 September
      • Junior Portfolio Insights Analyst at IDC

      • Posting End Date: 26 Sept 2026 Job Description Proactively and systematically collect and transform data into information, knowledge and insights in professional reports formats (i.e. actiona
        • 17 September
      • Dealmaker - Agro at IDC

      • Qualification and Experience Minimum qualification: Relevant commercial or technical Honours degree Chartered Accountants and or Agriculture qualifications will be advantageous 5-8 years rel
        • 17 September
      • Regional Manager - Mpumulanga at IDC

      • Qualification and Experience Minimum qualification: relevant Post Graduate Degree or equivalent qualification. MBA or Master’s would be an advantage 8-10 years’ proven experience
        • 17 September
      • Secretary at IDC

      • Job Description To provide comprehensive secretarial, administrative, and office management support to the Head of Corporate Strategy and Innovation. The role is responsible for ensuring the eff
        • 09 September
      • IT Service Desk Technician at IDC

      • Synopsis Provide 1st and 2nd level technical support to internal stakeholders and customers experiencing hardware, software, audiovisual (AV), and network-related issues. Troubleshoot and reso
        • 09 September
      • Regional Manager - Northern Cape at IDC

      • Synopsis To lead and support the regional office in originating, developing, packaging and facilitating high-quality investment opportunities in the small business and regional development space
        • 09 September
      • Regional Manager - Eastern Cape East at IDC

      • Synopsis To lead and support the regional office in originating, developing, packaging and facilitating high-quality investment opportunities in the small business and regional development space
        • 09 September
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