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 Indian investments, creating value in Africa.
Indian companies have shown keen interest in investing across various sectors in Africa, including infrastructure, energy, agriculture, healthcare, and information technology. Investment opportunities in Africa have been primarily driven by the continent’s emerging middle class, rising consumer demand, and improving business environment. India is providing significant development cooperation to Africa. This includes providing financial assistance, technical assistance, and capacity building.
https://www.ciiblog.in/unlocking-opportunities-india-africa-partnerships-and-investment-avenues/
Unlocking Opportunities: India-Africa Partnerships and Investment Avenues
