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Industrial Development Corporation (IDC)

otherSouth Africa 2 mentions

Government-owned development finance institution focused on industrial and economic development

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Founded in 1940 by an Act of Parliament, IDC is fully owned by the South African government. It is actively involved as a co-funder and backer in the Prieska Power Reserve Project in the Northern Cape, focused on advancing green hydrogen and ammonia production as part of national energy and socio-economic development s
The IDC partners with Sasol in developing the Boegoebaai Green Hydrogen Hub, providing strategic investment and financial support for major industrial projects tied to economic development and job creation.[5]

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