Global Trade Alert
Global Trade Alert

South Africa: IDC provides financing to Foskor (Pty) Ltd

Announcement

19 Jul 2021

In July 2021, the Industrial Development Corporation of South Africa (IDC) provided a ZAR 670 million (USD 46.2 million) loan to Foskor (Pty) Ltd.

 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Jul 2021

Revocation date:

No revocation date

Last action: 19 Jul 2021
State loan In force
On 19 July 2021, the Industrial Development Corporation of South Africa (IDC) provided a ZAR 670 million (USD 46.2 million) loan to Foskor (Pty) Ltd. This information was made available as the IDC dis...
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