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How 100% Black-Owned SME, SIDECA Aims To Stimulate Local Economic Development

How 100% Black-Owned SME, SIDECA Aims To Stimulate Local Economic Development. Siphe Development and Capacitation Agency (SIDECA) is a 100% black-owned and managed consulting company in South Africa based in Eastern Cape specialising in local economic development, project management and project implementation services to government entities, industrial and commercial sectors.

SIDECA is an expression of goals set forth in South Africa’s National Development Plan (NDP) component that argues local economic development should be the key economic driver and has the potential to create jobs. In partnership with government organs, civil society and private companies SIDECA seeks support the NDP by pursuing the following goals:

  • Stimulating local economic development;
  • Create income opportunities, income growth, employment and productivity in underdeveloped local municipalities;
  • Develop agriculture toward agro-industry and increase self-reliance

The company’s mission is to empower and support municipalities, communities, organisations and individuals to carry out productive operations that lead to local economic development while addressing pressing regional challenges such as unemployment, food insecurity; poverty and inequality.

The company has a team of dedicated experienced individuals with the necessary skills and capacity to successfully complete assignment set. SIDECA has a formal collaborative relationship with local universities (University of Fort Hare and Walter Sisulu Universities).

By Thomas Chiothamisi
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