IDC eyes African opportunities for SA-made goods, expertise

The Industrial Development Corporation (IDC) is unlocking the economic potential of rising industrialists.

The IDC is the largest development finance institution in Sub-Sharan Africa and is committed to growing employment and the economy.

Read: IDC on the hunt for disruptive industries to invest in

The IDC's Africa Strategic Business Unit (SBU) is on the look out for opportunities to contribute towards infrastructure development on the rest of the Continent.

Head of IDC's Africa unit, Thokoane Tsolo, says the institution aims to create markets for South African manufactured products, capital goods and expertise.

We are trying to create markets for South Africa, on the Continent, primarily in SADC.

Thokoane Tsolo, Head of IDC's Africa unit

The synergies have to be good for both countries.

Thokoane Tsolo, Head of IDC's Africa unit

Also read: IDC calls farmers in SA's agro-processing industry to apply for funding

Tsolo described some of the latest initiatives aimed at strengthening regional economic integration.

The IDC recently partnered with South African cement manufacturer PPC, the Trade and Development Bank (formerly PTA) and a host of Ethiopian companies to develop a cement plant in Ethiopia.

Tsolo explored the IDC's criteria for investing in industrial opportunities in South Africa and across Africa and fielded questions from callers.

To learn more, visit the IDC website.

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