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Global Trade Alert

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South Africa: Foskor (Pty) secures funding from the IDC

Description

On 20 May 2020, the South African Industrial Development Corporation (IDC) provided an investment of ZAR 792.5 million (USD 39.62 million) to Foskor (Pty) Ltd. This information was made available as t...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 May 2020

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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