/Investor DB

Industrial Development Corporation South Africa

Government fund

Sandton · 41 people tracked

Find your way into Industrial Development Corporation South Africa

Sign up to see every warm intro you have to Industrial Development Corporation South Africa

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Industrial Development Corporation South Africa team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

As a key implementing agency of South African industrial policy, the IDC identifies and funds high-impact, labour-intensive industrial projects aligned with the National Development Plan, New Growth Path, and Industrial Policy Action Plan. It provides loan and equity financing to grow sustainable industries, create globally competitive sectors, and promote job-rich industrialization. The IDC prioritizes economic empowerment by funding black-owned and empowered companies, black industrialists, women, and youth-owned enterprises, while supporting SME development through its subsidiary Sefa. It takes on higher-risk projects, leads the creation of new industries, and drives regional development across South Africa and the wider African continent, spanning mining, agriculture, manufacturing, tourism, and telecommunications.

Source: firm website, verified Sep 26, 2026.

HQ
Sandton, ZA
Instruments
Equity · Debt
Founded
1940

Team · 41 people

from the firm's website & curated
Mmakgoshi Lekhethe· Chief Executive Officer
David Jarvis· Chief Operations Officer (Acting)in
Isaac Nkululeko Malevu· Chief Financial Officerin

Isaac Nkululeko Malevu is the Chief Financial Officer at the Industrial Development Corporation. He has over 20 years of international experience across companies abroad and in Africa, with functional areas including financial reporting, financial management, treasury management, corporate strategy, risk management, and corporate governance.

Andre Kriel· Board Member
Ayanda Dlodlo· Independent Non-Executive Directorin

A South African public servant and executive with extensive governance and international development experience, having held several ministerial positions. In 2022 she became an Executive Director at the World Bank Group representing Angola, Nigeria, and South Africa.

Bongani Miya· Agro-Industries and Services Sectorsin
Brian Dames· Board Member
Busi Mabusa· Board Member
Cerina Haripersad· Regional Administrator
Daphne Kambule· Regional Administrator
Desire Adams· Regional Administrator
Fikile Mkanisi· Regional Administrator
Gloria Tomatoe Serobe· Chairperson | Independent Non-Executive Director

A South African business leader and IDC board chairperson recognized for her work in economic empowerment and corporate governance. She is the founding CEO of WIPHOLD and has served on the boards of Sasol, Old Mutual, and the Solidarity Fund.

Kedibone Moeketsi· Regional Administratorin

Kedibone Moeketsi is a Regional Office Administrator at the Industrial Development Corporation's Free State regional office, where the role involves supporting development projects in the area. Moeketsi holds a Postgraduate Diploma in Development Finance and is a candidate for an MCom in Development Finance.

Keitumetse Tebogo Mothibeli· Independent Non-Executive Director

A scientist, entrepreneur, and investment strategist with a PhD in human physiology. She founded Maidi Holdings and is CEO of Crystal Partners, a black female-owned investment firm active across agriculture, energy, health, and mining in Africa.

Lindelwa Ngonyama· Regional Administrator
Lucretia Khumalo· Client Support and Growth
Mark Goliath· Manufacturingin
Maryam Suliman· Regional Administrator
Maseapo Kganedi· Group Company Secretary
Mpho Kubelo· Chief Risk Officerin

Mpho Kubelo is Chief Risk Officer at the Industrial Development Corporation, working in financial services since 2005 with experience in risk management and asset management within banking and development financing. His earlier career included nearly four years as a network engineer at MTN and a period as a business process analyst at Accenture. He holds a BSc in Electrical Engineering from the University of the Witwatersrand, a Postgraduate Diploma in Business Management from the University of Natal, an MBA from Wits Business School, and an MSc in Risk Management from New York University's Stern School of Business; he is also a CFA charterholder.

Nazlie Hassen· Regional Administratorin
Nina Yose· Mining, Metals, Infrastructure and Energy (Acting)
Patience Mushungwa· Human Capital
Phiwe Marumo· Strategy and Corporate Affairs (Acting)
Reon Barnard· Independent Non-Executive Directorin

A South African business executive and independent non-executive director with a background in finance, mining, commodities trading, and logistics. His expertise covers corporate governance, private equity, and international business strategy.

Rian Coetzee· Industry Planning and Project Development
Sandra Bogatsu· Regional Administrator
Sandra Mphuti· Regional Administrator
Tanya Cohen· Independent Non-Executive Director

A public-private impact advisor and independent non-executive director focused on socio-economic development, labour policy, and governance. She is a Commissioner of the National Planning Commission and has represented business interests including at the International Labour Organisation.

Tebogo Makube· Independent Non-Executive Director

A policy and industrial development expert serving as Chief Director for Industrial Procurement and Development at the dtic, with experience in fiscal policy, infrastructure, and energy economics. He chairs Trade & Industrial Policy Strategies (TIPS) and holds a PhD in Energy Studies.

Thandi Orleyn· Board Member
Tryphosa Ramano· Board Member
Tshepo Legodi· Legal & Compliance
Virginia Mpanamana· Regional Administrator
Zikhona Maseti· Regional Administrator
Aude Stroebel· Chief Financial Officerin
Chloe Pantel· Chief Executive Officerin

Chloe Pantel is Attachée de direction at Famille C Participations, serving as Executive Personal Assistant to Judith Milgrom. Her work involves high-level assistance to company executives and family offices in France and abroad, including project management and team management. She is bilingual in French and English, with basic knowledge of Spanish and Italian, and is proficient in Microsoft Office with some experience in InDesign and Photoshop.

Luc Albinski· Divisional Executive: Strategy and Corporate Affairsin

Founder and Chairman of Vantage Best in Class and Executive Chairman of Vantage's mezzanine business, having played a leading role in the funds' investments since 2007. He previously worked at Bain & Co., Accenture, the IFC, Brait and Standard Bank, and holds an MBA from INSEAD.

Matteo Cretì· Chief Risk Officer (CRO)in

Matteo Cretì is a Junior Analyst at Scouting Capital & Family Advisors (Scouting SIM Family Advisors). He holds a bachelor's degree in Economics and Management, with a curriculum in Economics and Finance, from the Università degli Studi di Parma, and is pursuing a master's degree in Banking and Consulting at the Università Cattolica del Sacro Cuore.

Peter Wilson· Regional Office Administratorin

Frequently asked questions

What sectors does Industrial Development Corporation South Africa focus on?
Industrial Development Corporation South Africa focuses on Advanced Manufacturing, AgTech, Climate Tech, Energy, Impact & Social Good.
Where is Industrial Development Corporation South Africa located?
Industrial Development Corporation South Africa is headquartered in Sandton, ZA.

Images

Industrial Development Corporation South Africa photo

Similar investors

Featured in lists