Highlighting their Satrix MSCI India ETF, invested in 131 major Indian companies, they underlined India’s robustness and diversification in one of the world’s fastest-growing emerging economies. South African investment platform Satrix on Tuesday lauded the Indian equity market for exceptional growth while other emerging economies have been struggling. “It has been four stellar years of […]
Egypt is located at the crossroads of Africa, Asia, and Europe. This gives it a strategic location for trade and investment. The Suez Canal, which is one of the world’s busiest shipping routes, is located in Egypt. This provides foreign investors with access to a large market of consumers and businesses in the MENA region,
Egypt is ready to be India’s gateway to Europe, Africa & W Asia Read More »
India’s first prime minister, Jawaharlal Nehru, termed Africa as India’s “sister continent,” in recognition of the long ties of affinity. Since the 1960s, India’s prime ministers have visited Africa 76 times, a level of engagement unmatched by Africa’s other external partners. Between 2015 and 2022, New Delhi received over 100 African leaders, while each African country
Africa-India Cooperation Sets Benchmark for Partnership Read More »
The commerce ministry is working to address issues related to non-tariff barriers and market access for domestic products in sub-Saharan African countries like Nigeria, Ethiopia, Ghana and Gulf nations to boost India’s exports, an official said. The official said meetings have been held with Indian missions of the sub-Saharan African countries with which India has
A report by S&P Global Commodity Insights suggests that India and Africa will be the primary drivers behind a peak global crude oil demand of 112 million barrels per day in 2030. This represents an 8.73% increase from the current daily demand of 103 million barrels. The anticipated surge in demand is attributed to projected
Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries. Speaking at the Confederation of Indian Industry (CII) and Exim Bank of India conclave
India-Africa trade gains momentum, projected to cross $100 billion in 2024 Read More »
India’s G20 Presidency on Saturday witnessed a transformative change with the induction of the African Union as a permanent member of the grouping, a move which will strengthen the G20 and also strengthen the voice of the Global South, of which India has been a staunch advocate. “The African Union has been made a permanent
In an effort to boost India-Africa bilateral defence relationship and to expand its export basket, the government is firming up plans to post more Defence Attaches (DA) to the continent. The move comes close on the heels of the recently concluded G-20 Summit under India’s presidency where the African Union (AU) which has 55 member states
India expands Defence diplomacy: Strengthening ties with Africa and beyond Read More »
It is history in making in India. G20, India’s presidency, Vasudhaiva Kutumbakam, everything seems to be coming together. So, do you expect any breakthroughs and what kind of symbolic impact do you think this G20 summit will have on brand India?Well, I know at the outset I would say this has been an absolutely outstanding
G20 India moment will be remembered for a very-very long time: Sunil Bharti Mittal Read More »
NEW DELHI, Sept 6 (Reuters) – Nigeria has secured nearly $14 billion of pledges from Indian investors and seeks an economic cooperation pact with the South Asian nation, a presidential spokesperson said on Wednesday. India’s Jindal Steel and Power (JNSP.NS), opens new tab has committed to pump $3 billion into Nigeria’s steel sector and Indorama Corp plans
Nigeria gets $14 billion investment pledges from India, seeks economic pact Read More »