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The World Bank has commended Burkina Faso for its sound macroeconomic management which has sustained economic growth in 2012. (Image source: Jeff Attaway/Flickr)

The World Bank has approved a grant of US$70mn to the West African nation of Burkina Faso in an attempt to help the country promote its economic growth and competitiveness

The agreement will involve Ecobank and ICICI collaborating to extend banking services. (Image source: red hand records/Flickr)

Ecobank Transnational Incorporated (ETI) has entered into a partnership with Indian private sector bank ICICI Bank in an attempt to establish itself as a gateway for Indian investment into Africa

US President Barack Obama’s Power Africa initiative is steadily garnering support from investors and financial institutions within Africa

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