Why Invest in Swaziland?

A Brief history of SIDC

Swaziland Industrial Development Company (SIDC) was established in October 1987 to supply local and international funds to finance private business projects. SIDC is a private development finance bank which provides:

long-term loans
equity financing
asset leasing
industrial land and buildings
expert advice and guidance to local and international investors.

SIDC Shareholders

SIDC was formed through a joint venture between the Government of Swaziland, which holds 34.9% of the shares, and five international development finance institutions:

22.1%
13.7%
10.9%
10.2%
5.0%
1.6%
1.6%

German Investment and Development Company (DEG)
International Finance Corporation (IFC)
Commonwealth Development Corporation (CDC)
Netherlands Development Finance Company (FMO)
French Development Finance Institution (PROPARCO)
Barclays Bank of Swaziland Limited
Nedbank (Swaziland) Limited

Key Personnel

GM	Dr ET Gina
Managers -	Mrs K Masisi-Hlanze (Legal)
	Mr. V.T. Kunene (Monitoring and Recovery)
	Mr DD Ntshalintshali (Property)
	Mr. M.N. Simelane (Finance and Administration)