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
Finance
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
Reforms see UK release aid to Malawi
The UK has responded to the recent economic reforms initiated by Malawian president, Joyce Banda, by releasing US$51 million of aid to the country