The Secretariat of the Southern African Development Community (SADC) has appointed globally active engineering services and consulting company DMT Group to lead the delivery of an investment programme that will empower regional value chains in copper, battery storage and mining inputs.
The SADC ‘Regional Study and Project Viability Scan’ will identify investment opportunities for building local content capacity in what are noted as three critical areas for economic activity and value addition in Southern Africa.
The project’s findings are intended to spur a rush of new investment activity.
DMT’s Kai Batla subsidiary is one of the specialists on the African continent focussing on the supply of geological consulting and recruitment services for the mining and exploration market, mineral resource development and investments.
The SADC project will be led with the support of a range of sector experts.
In a project that started in November 2021 and will continue up to July, DMT is leading a five-phase programme. It will submit a final report to the SADC Industrial Development Forum and to the SADC Ministerial Task Force.
Ahead of the final report, DMT will deliver a detailed roadmap, value chain mapping and analysis for priority sectors, a project identification phase in consultation with regional stakeholders, and a project viability scan of prioritised value chain projects, making recommendations for alternative financing mechanisms and promotion strategies.