Helping to Restore Businesses, Communities and Livelihoods
The recent floods along the South African Eastern Coast (particularly KwaZulu-Natal) have caused extensive damage to businesses, roads, bridges, water supply, electricity, rail and communication infrastructure. There has also been extensive damage to public infrastructure, including schools and health facilities etc.
The Industrial Development Corporation is committing R500 million to help the nation to recover and rebuild all affected infrastructure. This national fund is a response to President Cyril Ramaphosa’s announcement of the National State of Disaster declared on 18 April 2022. The fund is open to other provinces and areas that need relief.
Have the recent floods affected your business operations? We have funding available for you! See our offers that range from Bridging Finance, Infrastructure, Capex, Working Capital and even tailored solutions for the Township Economomy.
REQUEST FOR PROPOSALS
Following President Cyril Ramaphosa’s declaration of a National State of Disaster as a result of widespread flooding in KwaZulu-Natal and the Eastern Cape; as well fire outbreaks in Langa, Cape Town. The IDC has pledged R50 million to help communities affected by the recent floods and fires across the country.
The IDC requests proposals from registered NPOs, NPCs to partner with the IDC in the implementation of
this CSI Disaster Relief initiative. Proposals are required to assist the IDC to procure and distribute relief
aids/goods e.g. shelter, food parcels, water, toiletries, blankets, mattresses, school books and uniforms.
RFP documents are available from the IDC website: www.idc.co.za.
For further information and or any queries, email csi@idc.co.za or call Solomon Kgonyane (011 269 3861).
