Through its co-ordinating role with other institutions, EDD will help to leverage the resources and expertise of these organizations to economic development outcomes. Secondly, Government needs a department that co- ordinates certain major DFIs whose mandates intersect substantially. This sometimes results, for example, in separate decisions to finance the same organisations by different DFIs without the knowledge of one another. The EDD have an oversight role and give strategic direction to the Industrial Development Corporation (IDC), the Khula Enterprise Finance Limited (Khula) and the South African Micro-Finance Apex Fund (SAMAF).