Rahul Mazumdar is an economist with the Export-Import Bank of India in Mumbai. The views expressed here are his own. Indian trade with Africa has been growing rapidly in recent years. Since 2003, two-way trade volumes have risen more than 18% per year on average to reach $102.6 billion last year. Thanks to this growth, […]
India has more to offer Africa than just trade Read More »
India and Africa have prioritised key sectors to boost bilateral trade and address common challenges. In the food and agriculture sector, both regions focus on food security, promoting agricultural technology and trade. Energy security is achieved through collaborations in the oil and gas sector, with Indian investments in African oil fields. Mining and minerals attract
Unlocking Opportunities: India-Africa Partnerships and Investment Avenues Read More »
There is a slow realisation that Africa, a continent, accounting for nearly 17% of the world’s population today and reaching 25% in 2050, needs to be studied closely. Why? Because India’s rise as a global player is inevitably linked to the kind of partnership it enjoys with Africa. In the past 15 years and especially
A new chapter in India-Africa ties can be written Read More »
India’s involvement in Africa is still incapable of threatening China’s influence, not only in terms of partnership commitments, but also in terms of consistency in project delivery and persistence in engagements. However, given its geographic and cultural proximity to Africa, as well as the appeal of its cuisine and cinema among Africans, India’s cultural and
In its quest for more engagement with the continent, Can India match China in Africa? Read More »
India can optimise its presence in North Africa by leveraging its unique approach of South-South cooperation to forge mutually beneficial partnerships and contribute to the region’s development and prosperity. In the field of international relations, the interactions between nations often evolve over time, guided by shifting priorities and changing global landscapes. This holds true for
North Africa’s Invisible Partner: India’s political and economic influence in the region Read More »
India’s Commerce and Industry Minister, Piyush Goyal, has reaffirmed India’s commitment to strengthening its ties with African countries in the domains such as trade and renewable energy. Speaking at the 18th edition of the CII-EXIM Bank Conclave on ‘India-Africa Growth Partnership’ in New Delhi, Goyal emphasized that India stands as the fifth-largest investor in Africa,
India Commits to Strengthening Trade and Renewable Energy Relations with Africa Read More »
There’s a reason why Africa specialist and former ambassador Gurjit Singh has named his book on India-Africa economic partnership ‘The Harambee Factor’. The word Harambee, in Swahili, means ‘to pull together’ and has its origin in Indian porters who were brought in by the British during colonial times to work on the Mombasa Kisumu Railway.
A detailed chronicle of India-Africa relations Read More »
India-South Africa has completed a meaningful bilateral relationship for 30 years. Both nations have been the other’s staunchest supporters and closest allies in fostering reciprocal growth. India is South Africa’s second-largest trading partner in Asia. According to the Indian Ministry of Commerce, since diplomatic ties were established in 1993, economic interactions have increased from $10
Growing Together with Perennial Bond: 30 Years of India-South Africa Relations Read More »
The CII report said that since April 1996, India has invested $74 billion in Africa; however, these flows are concentrated in Mauritius and are majorly by public sector companies for energy and raw material assets. A Confederation of Indian Industry (CII) report on Wednesday said that Indian investments in Africa can go up to US$
Indian investments in Africa can go up to $ 150 billion by 2030 Read More »