Zambia’s foreign direct investment (FDI) inflow from India has exceeded US$3 billion for the last five years in various sector of the economy
Finance
SADC trade protocol audit continues
Image source: Southern African Development Community.
The Southern African Development Community (SADC) has instructed the Southern Africa Trade Hub (SATH) to conduct an audit of all signatories of the SADC Protocol on Trade
Fund for Econet to finance operations in Zimbabwe and Burundi
Clyde & Co partner Peter Gray led the complex financing deal with Econet Wireless Global Limited. (Image source: Clyde & Co.)
Telecoms company Econet Wireless Global Limited has secured financing of US$362 million that it plans to use to help·boost its operations in Zimbabwe·and Burundi
South Africa-Saudi Arabia JV to generate more jobs
The joint venture between South Africa and Saudi Arabia will give a tremendous boost to both the economies. (Image source: Getty Images)
South Africa and Saudi Arabia have set up a ZAR 20 billion (US$2.37 billion) holding company for farming, mining and petrochemical investments US to increase annual aid to Zambia by US$100 million
US ambassador to Zambia Mark Storella made the announcement in Zambian capital Lusaka. (Image source: Travlr)
The United States has said it will increase its bilateral assistance to Zambia in 2013 from US$400 million per annum to $500 million per annum
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