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May 29, 2019

Zambia Airways Board Appoints CEO

Lusaka, 7thFebruary 2019 – The Board of Directors of Zambia Airways (2014) Limited held their inaugural Board meeting today, 7thFebruary 2019, where decisions relating to the […]
May 29, 2019

IDC Appoints Zambia Airways Board

IDC APPOINTS ZAMBIA AIRWAYS BOARD MEMBERS Lusaka, 28th December 2018 – The Industrial Development Corporation (IDC) Group Chief Executive Officer, Mr. Mateyo Kaluba, has today announced […]
May 29, 2019

Joint statement at the signing of the Shareholders Agreement between the Industrial Development Corporation and Ethiopian Airlines for the establishment of Zambia Airways

We, the Group Chief Executive Officer of the Industrial Development Corporation (IDC), Mr. Mateyo C. Kaluba, and the Group Chief Executive Officer of Ethiopian Airlines (ET), […]
April 29, 2019

Indo-Zambia Bank declares K24 million dividend to shareholder – IDC

Indo-Zambia Bank, has declared K24 million dividend to its shareholder the IDC for the financial year ended 31st December 2018. Speaking during a media brief before […]
October 30, 2018

IDC Board has approved an investment of $850 million into rail infrastructure and rolling stock for Zambia Railways Limited (ZRL).

The Industrial Development Corporation (IDC) Board has approved an investment of $850 million into rail infrastructure and rolling stock for Zambia Railways Limited (ZRL). IDC Group […]
October 1, 2018

President Lungu urges IDC to accelerate solar power projects

President Edgar Lungu has directed the Industrial Development Corporation (IDC) to accelerate all other solar projects which are in the pipeline. Speaking on Monday when he […]
July 9, 2018

First ‘Scaling Solar’ Auctions in Zambia Yield Record Low Tariffs amid Electricity Shortages

The 6.02¢/kWh tariff makes the projects the lowest-cost solar power in sub-Saharan Africa to date Lusaka – Zambia’s Industrial Development Corporation (IDC) opened bids on May 27 from […]
June 21, 2016

Public Disclosure Meeting for the Draft Environmental and Social Impact Statement for the Proposed Solar PV Plants at LS-MFEZ (Round 1 Scaling Solar Project)

The Industrial Development Company Zambia Limited (IDC) is an investments holding company wholly owned by the Government of Zambia. The IDC is mandated to play a […]