Chairperson of the Industrial Development Corporation (IDC) Gloria Serobe has emphasised that the state-owned development funder remains committed to accelerating industrialisation across the African continent.
She emphasised that driving structural transformation from primary production to value-added manufacturing is an important element of the IDC’s continental strategy.
Serobe was addressing the G20 Chief Executive’s working dinner hosted by Investec and sponsored by the Industrial Development Corporation in Sandton.
“We aim to build competitive regional value chains in sectors such as energy, agro processing, automotives and green technologies. Creating jobs, driving innovation and ensuring Africa’s voice is strong in global markets, we believe that Africa’s prosperity will be driven by innovation between governments, business leaders and development institutions.”
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<img src="https://www.mtlblog.com/media-library/young-teachers-walking-small-children-along-street-kids-wearing-backpacks-walking-on-sidewalk-in-romantic-montreal.jpg?id=61030003&width=1200&height=800&coordinates=132%2C0%2C132%2C0"/><br/><br/><p>If you're already receiving <a href="https://www.mtlblog.com/tag/family-allowance" target="_blank">Quebec's family allowance</a>, you're in for a nice surprise next month.</p><p>On July 2, eligible parents will automatically receive an extra $124 per child, thanks to a one-time payment from Retraite Québec called the <a href="https://www.rrq.gouv.qc.ca/fr/enfants/Pages/supplement-achat-fournitures-scolaires.aspx" target="_blank">Supplément pour l'achat de fournitures scolaires (School Supplies Supplement)</a>. The best part? You don't need to do anything to get it.</p><p>The annual, non-taxable supplement is meant to help with back-to-school expenses like notebooks, pens, and all the supplies kids tend to misplace by October. It's available to families already receiving <a href="https://www.rrq.gouv.qc.ca/fr/enfants/naissance/paiement_soutien_enfants/Pages/montant.aspx" target="_blank">Quebec's Allocation </a><a href="https://www.rrq.gouv.qc.ca/fr/enfants/naissance/paiement_soutien_enfants/Pages/montant.aspx" target="_blank">famille </a>and who have children aged 4 to 16 as of September 30, 2025.</p><p>The $124 supplement should appear in your account at the same time as the payment scheduled for July 2, regardless of your family income.</p><p>This is separate from the <a href="https://www.mtlblog.com/canada-child-benefit-june-2025" target="_self">Canada Child Benefit (CCB)</a>, the federal monthly payment many families also receive. In June, the CCB can be as high as $650 per child, depending on your income.</p><p>Even if your child isn't in school yet — say, they're still in daycare — you'll still qualify for the school supplies payment, as long as they're within the eligible age range. For children with disabilities, the bonus can apply up to age 17.</p><p>In shared custody cases, the payment is split between both parents — $62 each — as long as the child spends 40% to 60% of their time with each parent. Again, no forms, no paperwork. Just make sure you're signed up for direct deposit to get your payment quickly.</p><p>You can find more details on the <a href="https://www.rrq.gouv.qc.ca/fr/enfants/Pages/supplement-achat-fournitures-scolaires.aspx" target="_blank">Retraite Québec website</a>.</p><p><em>Love this? Check out our <a href="https://www.mtlblog.com/notices/" target="_blank">MTL Blog noticeboard</a> for details on jobs, benefits, travel info and more!</em></p><p><em>AI tools may have been used to support the creation or distribution of this content; however, it has been carefully edited and fact-checked by a member of MTL Blog's Editorial team. For more information on our use of AI, please visit our <a href="https://www.mtlblog.com/editorial-standards" target="_blank">Editorial Standards page</a>.</em></p>
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