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 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
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
The agreement will enable IFC and AfDB to benefit from each others local currency bond issues. (Image source: Wesleynitsckie/Flickr)
International Finance Corporation (IFC) and African Development Bank (AfDB) have signed an agreement to enter into cross-currency swap transactions
Ecobank Transnational Incorporated (ETI) has been named ‘African Bank of the Year’ at the African Banker Awards
