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July 18, 2024

KAGEM DECLARES K38 MILLION DIVIDEND TO IDC

Kagem Mining Plc has declared a K38 million (about US$1.5 million) dividend to the Industrial Development Corporation (IDC) for its 25% shareholding, continuing the trend of […]
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June 28, 2024

It’s the 58th Zambia International Trade Fair

IDC is once again exhibiting at this prestigious Fair which will run from 26th June to 2nd July.Visit our stand and see how IDC is unlocking […]
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May 17, 2024

IDC PARTICIPATES AT CHINA-ZAMBIA HIGH-QUALITY DEVELOPMENT FORUM

This week, IDC is part of the over 200 Zambian and Chinese companies participating at the China-Zambia High Quality Development Forum. The Forum, which is aimed […]
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May 8, 2024

IDC Engages with IMF to Discuss Strategic Reforms in State-Owned Enterprises

On Wednesday 24th April, IDC CEO Mr. Cornwell Muleya held a meeting with the International Monetary Fund (IMF) Mission Chief for Zambia, Mercedes Vera Martin, and […]
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March 29, 2024

ZANACO MAINTAINS TOP POSITION WITH RECORD-BREAKING RESULTS

For the third consecutive year, Zanaco has maintained its position as the top performing bank in Zambia, announcing stellar results for the 2023 financial year that […]
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March 27, 2024

INDO ZAMBIA BANK DECLARES K50 MILLION DIVIDEND TO IDC

Indo Zambia Bank Limited (IZB) has declared its largest ever dividend of K50 million to the Industrial Development Corporation (IDC) for the 2023 Financial Year, a […]
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February 9, 2024

IDC AND AFC EXPLORE FINANCING PROSPECTS FOR PROJECTS

IDC CEO Mr Cornwell Muleya and Africa Finance Corporation (AFC) Executive Director – Financial Services, Mr Sanjeev Gupta, held talks today to explore collaboration in financing […]
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October 17, 2023

IDC HOSTS A DELEGATION OF INDIAN INVESTORS

The Industrial Development Corporation (IDC) today hosted a delegation of Indian investors who are actively exploring investment prospects in agriculture and agro-processing.IDC CEO Mr. Cornwell Muleya, […]
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October 10, 2023

IDC BOARD APPOINTS MR CORNWELL MULEYA AS NEW IDC CHIEF EXECUTIVE OFFICER

Lusaka, 10th October 2023 – The Finance and Administration Committee of the Board of Directors of Industrial Development Corporation (IDC) is pleased to announce the appointment […]
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