Eastern Cape Development Corporation

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Eastern Cape Development Corporation

The Eastern Cape Development Corporation (ECDC) is a government parastatal mandated to stimulate and sustain the economic growth of the Eastern Cape. Their vision includes being a leader in facilitating inclusive sustainable economic growth. Their mission includes promoting and coordinating inclusive economic development through creative finance and investment solutions.

ECDC‘s mandate is to plan, finance, co-ordinate, market, promote and implement development of Eastern Cape and its people in sectors namely commerce, agriculture, transport and finance.

In pursuit of its mandate, the ECDC has the following strategic thrusts to align to the MTSF, NDP2030 and the Provincial Development Plan, guided by these Strategic Themes:

(1) Economic transformation, inclusive growth and competitiveness;

(2) Customer focused solutions;

(3) Operational efficiency and financial sustainability;

(4) Pioneering innovation in the key growth sectors; and

(5) Attracting and retaining the best talent in the sector.


Eastern Cape Development Corporation Core Business Units include:

Development Finance

Short-term Finance

Loan products geared towards facilitating efficient cash flow management of clients’ businesses.

  • NEXUS – Trade loan;

  • WORKflow – Contractor loan; and

  • POWERplus – Small loan.

Long-term Finance

The long-term finance offering represents ECDC’s earnest quest for business sustainability, cutting edge innovation, freshness, and vision in the economy of the Eastern Cape.

  • TERMcap – Loan including commercial property finance; and

  • EQUItrader – Equity finance.

Business Support

The ECDC uses non-financial support instruments that support the general health, competitiveness, and productivity of small businesses.

These include:

  • Business advice and counselling;

  • Business plan development;

  • Mentorship programmes (Enterprise Development Programme);

  • Quality management support;

  • Marketing support & Market Access;

  • Intellectual property registration support; and

  • Business management training.

Trade, Investment, and Innovation

Trade, Investment and Innovation Unit functions within the ECDC with a mandate to promote Eastern Cape as a destination for investments, trade, and tourism. It performs these functions through partnerships with various stakeholders including embassies, Investment Promotion Agencies, DEDEAT and its entities, the dti, Municipalities, and other SOEs

The unit fulfills the following objectives:

  • Market the Eastern Cape as an investment destination;

  • Facilitate foreign and local direct investment into the Eastern Cape;

  • Provide aftercare to existing investors (mainly outside the IDZ and Coega);

  • Promote trade and increase exports from the Eastern Cape;

  • Stimulate growth in targeted economic sectors; and

  • Promote and finance economic sector focussed innovation.


Property and Infrastructure Development

ECDC Property Unit provides leasing and asset management of premises to retail, industrial, commercial and residential properties across the province.

The ECDC uses its property portfolio to respond to the varied socio-economic demands of the Eastern Cape and as a platform to stimulate investment and trade.


InvestSA One Stop Shop

The Eastern Cape One Stop Shop offers strategic guidance, reduces inefficient regulatory, and coordinates, fast tracks, unblocks and decreases red tape for all investors that wish to invest in South Africa and Eastern Cape.

It was created to coordinate investment centres in the special SEZs, provincial investment agencies, local authorities, and the relevant government departments involved in business regulatory, registration, permits and licensing matters.


Contact us for more information & assistance on funding.