Industrial Development Corporation South Africa
Government fundSandton · 41 people tracked
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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.
Team · 41 people
from the firm's website & curatedIsaac 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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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