US Secretary of State, Hillary Clinton, and African Union chair, Nkosazana Dlamini-Zuma, have held a series of meetings in Washington, with private sector economic growth forming a key focal point
Finance
Indian investment into Zambia exceeds US$3 billion
Foreign investment into Zambia is fueling economic growth in the countrys capital of Lusaka. (Image source: Michael Dr Gumtau)
Indian foreign direct investment (FDI) to Zambia has surpassed US$3bn, according to Zambian justice minister Wynter Kabimba
Standard Chartered Bank Zambia in expansion project
Standard Chartered Bank recently opened its Jacaranda branch in Ndola to enhance its customer service on the Copperbelt. (Image source: Canadian Pacific)
Standard Chartered Bank Zambia is set to invest more than US$2.8mn to expand its footprint in Zambia, according to information obtained from the financial institution
DEG invests in first Ethiopia private equity fund
Deutsche Investitions und Entwicklungsgesellschaft mbH (DEG) has announced a US$10mn investment in Schulze Global Ethiopia Growth and Transformation Fund I
Can Africa feed itself?
Africa can leapfrog out of the deepening pit of poverty encompassing its socio-economic fabric, according to Professor Calestous Juma, a professor of international development at Harvard University