Press Release

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), […]

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 […]