The Council for Scientific and Industrial Research (CSIR) and the Development Bank of Southern Africa (DBSA) will work together to develop technologies and infrastructure to support socio-economic development in SA and Southern Africa.
This is the result of a framework agreement signed by the CSIR and DBSA, which paves the way for collaboration on projects of mutual interest, according to a statement.
The key project areas include emerging and small-farmer support, the DBSA’s Development Labs (D-Labs), infrastructure development, water and energy.
D-Labs are development precincts designed to create economic development spaces within communities where all local participants are connected and have access to digital presence, technologies and information, explains the statement.
The scientific research and development organisation believes the partnership will pave the way for the commercialisation of CSIR technologies in a bid to boost the competitiveness of local industries and regional economies.
Furthermore, it is in line with its strategy, which aims to use science, technology and innovation to strengthen industrial development and the creation of a capable state.
Dr Thulani Dlamini, CEO of the CSIR, welcomed the partnership, saying the parties are well aligned to contribute to the improvement of the country's industries.
“The CSIR is very pleased to be working with the DBSA. This partnership brings together complementary capabilities in innovation and development, which could see us make a significant impact in South Africa and also the region.”
The DBSA is considered a critical role-player in supporting government to leverage skills and capabilities to accelerate the implementation of infrastructure programmes in the key priority sectors of the economy, such as energy, ICT, water and sanitation, education and health.
DBSA chief executive Patrick Dlamini adds: “The DBSA recognises that technology is key in helping us achieve our mandate of promoting economic development and inclusive growth. As a result, we are excited about this partnership as it will enable both organisations to unlock growth in our economy.”