Industrial Development Corporation of Zimbabwe

Industrial Development Corporation of Zimbabwe

Location

Zimbabwe

Functions, Services and Products

* Development Funding - The Corporation has evolved its operations to include funding industry in response to the need to re industrialise and retool the manufacturing sector through the Industrial Capital Fund.
* Industrial Development Fund - The Fund is in local currency (RTGS) and is managed as a revolving facility, meaning that as other beneficiaries repay, the reserve being built becomes available to others.

The Industrial Development Corporation of Zimbabwe (IDCZ) is a state-owned, self-financing national Development Finance Institution (DFI) established in 1963 to promote industrial growth, value addition, and investment in Zimbabwe. It focuses on funding and developing manufacturing, agro-processing, and infrastructure projects to create employment and boost local production.

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Southern African Development Community – Development Finance Resource Centre (SADC-DFRC) serves as a regional centre of excellence and secretariat for development finance institutions (DFIs) from SADC member states.
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