The Council for Scientific and Industrial Research (CSIR) and the Development Bank of Southern Africa (DBSA) are set to work together to develop technologies and infrastructure to support socio-economic development in South Africa and Southern Africa. The parties recently signed a framework agreement to collaborate on projects of mutual interest, in fields such as water, energy including bioethanol production, infrastructure development, emerging and small-farmer support, and the DBSA's Development Labs known as D-Labs.
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.
The partnership is expected to pave the way for the commercialization of CSIR technologies in a bid to boost the competitiveness of local industries and regional economies. This is in line with the CSIR's strategy, which aims to use science, technology, and innovation to strengthen industrial development and the creation of a capable state.
The DBSA plays a critical role in supporting the government to leverage skills and capabilities to accelerate the implementation of infrastructure programs in the key priority sectors of the economy, such as energy, information, and communication technology, water, and sanitation, education and health, as well as various municipal infrastructure programs.
CSIR Chief Executive Officer Dr. Thulani Dlamini, welcomed the partnership, stating that the parties are well aligned to contribute to the improvement of the country's industries.
"The CSIR is very pleased to be working with 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," says Dlamini.
DBSA Chief Executive Patrick Dlamini says, "The DBSA recognizes 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 organizations to unlock growth in our economy."
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