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Industrial Development Corporation

Africa, NA - South Africa, South Africa, Sandown

Description

Industrial Development Corporation is a financial institution that fosters commercially-sustainable industrial development in Africa.

Investor Profile

Industrial Development Corporation has made 4 investments, with 1 in the past 12 months and 0% as lead.

Stage Focus

  • Debt Financing (50%)
  • Series A (25%)
  • Series Unknown (25%)

Country Focus

  • South Africa (75%)
  • Mauritius (25%)

Industry Focus

  • Renewable Energy
  • Solar
  • Wind Energy
  • Artificial Intelligence (Ai)
  • Information Technology
  • Machine Learning
  • Manufacturing
  • Software
  • Internet
  • Mobile
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Industrial Development Corporation frequently co-invest with?

Diamond Bank
Africa, Lagos, Nigeria, Lekki
Co-Investments: 1
Standard Chartered Bank
Europe, England, United Kingdom, London
Co-Investments: 1
Norfund
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Nedbank
Africa, NA - South Africa, South Africa, Sandown
Co-Investments: 2
Norican Group
Europe, Hovedstaden, Denmark, Taastrup
Co-Investments: 1
Development Bank of Southern Africa (DBSA)
Africa, NA - South Africa, South Africa, Midrand
Co-Investments: 1
Public Investment Corporation
Africa, NA - South Africa, South Africa, Pretoria
Co-Investments: 1
African Export-Import Bank
Africa, Al Qahirah, Egypt, Cairo
Co-Investments: 1
Ecobank
Africa, Maritime, Togo, Lomé
Co-Investments: 1
Knife Capital
Africa, NA - South Africa, South Africa, Cape Town
Co-Investments: 1

What are some of recent deals done by Industrial Development Corporation?

Pele Energy Group

Johannesburg, NA - South Africa, South Africa

Pele Energy Group owns and runs renewable energy infrastructure in addition to providing economic development consulting services.

ConsultingRenewable Energy
Series UnknownMar 4, 2025
Amount Raised: $31,000,000
Pele Green Energy

Johannesburg, NA - South Africa, South Africa

Pele Green Energy is an Independent Power Producer that creates, owns, acquires, builds, and operates renewable energy power plants.

Renewable EnergySolarWind Energy
Debt FinancingDec 13, 2023
Amount Raised: $508,130,081
DataProphet

Cape Town, NA - South Africa, South Africa

DataProphet is a developer of machine learning and AI technology to serve the manufacturing industry.

Artificial Intelligence (AI)Information TechnologyMachine LearningManufacturingSoftware
Series AAug 25, 2020
Amount Raised: $6,000,000
SMILE Telecoms Holdings

Port Louis, Port Louis, Mauritius

Smile Telecom is a broadband provider company

InternetMobileTelecommunications
Debt FinancingSep 8, 2015
Amount Raised: $315,000,000