FIBA Europe announced on Friday that Proteas EKA AEL will host the 2008 EuroCup Final Four in Limassol, Cyprus.
The event will take place between 18th and 20th April.
Proteas, who are also hosting the EuroCup All Star game on 25th March, are participating in the Final Four the first time in their history after sweeping Khimik 2-0 in the Quarter-Final round.
"Cyprus is a fast growing basketball country and we are very happy to be able to bring the Final Four to Limassol," said FIBA Europe President George Vassilakopoulos.
"I'm sure it will be a great event both on the floor and off for fans and players alike."
"Having hosted the EuroCup All Star game four straight years Proteas are perfectly suited to organize an event like this," commented FIBA Europe Secretary General Nar Zanolin.
"We've got four great teams taking part and it should be an exciting weekend of basketball."
The hosts will take on Dexia Mons-Hainaut in one semi-final on 18th April while Baltic sides Tartu Rock and Barons LMT of Riga will battle in the other.