South Africa’s National Development Plan (NDP) 2030 identifies infrastructure, particularly in water, sanitation, and healthcare, as critical to inclusive growth and quality of life. The country faces severe water shortages due to low rainfall, aging infrastructure, and rising demand, while over 14% of the population lacks basic water access and 27% lacks safe sanitation. The healthcare system is also highly unequal, with an under-resourced public healthcare sector serving 80% of citizens. The 2024 National Health Insurance (NHI) scheme aims to achieve universal health coverage but requires significant investment.

Industrial Development Corporation of South Africa Limited (IDC), as a state-owned national financial intermediary, plays a key role in mobilizing funding for infrastructure aligned with NDP goals to contribute to investments in the two sectors. This aligns with the priorities of the government of South Africa aimed at (i) improving water security, better water and sanitation services, and driving economic growth through water-intensive industries, and (ii) access to quality healthcare for all citizens.