IDC was established to spearhead the development of Zambia’s domestic industrial capacity, and in so doing, play a major role in creating jobs.

Another measure to empower our citizens is to enable them to own shares in some of the state-owned companies in the country. The Industrial Development Corporation will be an important tool in achieving this goal. All state-owned enterprises must ultimately list on the Lusaka Stock Exchange within the next five to ten years so that we create opportunities for citizens to own these companies.

His Excellency President Edgar Chagwa Lungu, address during the official opening of the 5th Session of the 11th National Assembly

The following are the IDC's areas of operation and investment focus:


  • Business (Private and Public)
  • Government
  • Development Finance Institutions (DFIs)


  • Project development
  • Provision of development finance
  • Non-financial project support and industry knowledge
  • Fund management
  • Industrial policy research
  • Sector studies
  • Facilitation and support

Stage of Involvement

  • Conceptual
  • Pre-feasibility
  • Feasibility
  • Business setup
  • Expansion
  • Mature & exits

Sectors involved

  • Agriculture, Fisheries, Forestry, Livestock value add
  • Tourism & real estate
  • Manufacturing – agro-processing, industrial minerals, timber processing
  • Cross cutting infrastructure – e.g. roads, rail, ports, energy, industrial zones
  • ICT
  • Financial services
  • Green industries
  • Mining and mineral beneficiation

Financial involvement

  • Equity
  • Quasi equity
  • Debt
  • Venture capital
  • Wholesale funding via intermediaries