To support the growth of the local automotive sector, Driving Localisation has signed a partnership agreement with the IFC – International Finance Corporation to develop an automotive database to match the procurement needs of Original Equipment Manufacturers (OEMs) and Tier 1 component manufacturers to sub-tier local suppliers in South Africa.
Through the partnership, the IFC will provide support to NAACAM to develop a matchmaking platform — informed by inventories and databases of components that may be manufactured locally — that will enable OEMs and Tier 1s to be matched to competencies of Tier 2 and Tier 3 local suppliers.
Read the full press release here: https://bit.ly/3xjX1YY Contact the NAACAM office – [email protected] – to learn more about how NAACAM supports localisation interventions and how the NAACAM team can assist your organisation.