The Eastern Cape Development Corporation (ECDC) is a public entity owned by the Eastern Cape Provincial Government.
The mission of the Eastern Cape Development Corporation is to promote and coordinate an inclusive economic development in the Eastern Cape province of South Africa through innovative finance and investment solutions and partnerships.
The ECDC Act preamble states that the corporation will plan, finance, coordinate, market, promote and implement development of the province and its people in the fields of industry, commerce, agriculture, transport and finance.
As defined in the shareholder’s compact entered into by the Eastern Cape Development Corporation Board and the MEC for the Department of Economic Development, Environmental Affairs and Tourism (DEDEAT), ECDC’s strategy focuses on it becoming a viable development finance corporation for the promotion of economic growth in the Eastern Cape by stimulating economic activity through focused investment in vital sectors of the Eastern Cape economy; investing in intellectual leadership; optimising all resources to maximise investment returns and attain financial sustainability; building a strong brand; and establishing integrated partnerships with stakeholders to ensure maximum leverage of resources and development outcomes.
Overseeing Department/Entity
Office Bearers/Management
Chairperson
- Mr Vuyani Jarana
Deputy Chairperson
- Mr Simphiwe Somdyala
Board Members
- Ms Phumeza Bono
- Ms Tracy Cumming
- Dr Makaziwe Makamba
- Ms Nolitha Pietersen
- Ms Siyabuka Siko
CEO
- Mr Ayanda Wakaba
CFO
- Mr Nielesh Ravgee (Interim CFO)
Senior Management
- Ms Lulama Mbobo-Vava (Executive: Corporate Services)
- Mr Darwin Zinzile Nkonki (Enterprise Finance and Business Support)
- Ms Laura Painke (Acting: Economic Development Coordination and Sector Support)
- Mr Craig Thompson (Head: Properties and Strategic Projects)
- Mr Mpisekhaya Zonke (Chief Investment Officer: Investment Management, Trade, and Investment Promotion)
Communications Officers
- Ms A Mangala (Media Liaison)
Contact Details
The contact details of the Eastern Cape Development Corporation are listed in the table below.
| Physical Address: | Ocean Terrace Park, Moore Street, Quigney, East London |
| Postal Address: | P.O. Box 11197, Southernwood, East London, 5213 |
| Telephone: | 043 704 5600 |
| Email: | info@ecdc.co.za |
| Website: | www.ecdc.co.za |
