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The African Continental Free Trade Area, launched in July, is a landmark achievement, aiming to eliminate tariffs on 90% of products covered by intra-Africa trade and thereby spur entrepreneurial initiative and job creation. It envisages many other gains as well, but the hurdles in their realisation cannot be wished away. An analysis
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India and Japan, two countries wanting to enhance the quality of their engagement in Africa’s development, have historically taken fundamentally different approaches to the task. But now, both are being guided by geoeconomic imperatives in aligning their strategy in the region— and the Asia Africa Growth Corridor offers many opportunities for synergy at the B2B level
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China’s footprint in the African continent is growing because it is a zealous summiteer. And now, in response to ‘debt-trap’ criticism, it also appears to be stressing private sector investment in Africa over loans and credit. Are there any takeaways for India in this?
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The African Union stands at a crossroads in its history. It needs to change direction to be relevant and show its members the path to prosperity. With Rwandan president Paul Kagame now at the helm, it may have a chance
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Germany and India have revealed a dual priority for Africa: creating opportunities for prosperity and promoting stability. For both, these are uncharted waters and represents a shift in the locus of global dynamism, away from an Anglo-Saxon world order to a more diverse yet potentially fissiparous one
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India seems to have departed from catch-all, overarching initiatives in Africa to rather more nuanced ways of making its contribution felt, such as helping fashion G20’s ‘Compact with Africa’. Many countries are also keen to avail of Indian companies’ knowledge and experience of investing in Africa and the presence of the large diaspora—and such trilateral cooperation is to be welcomed
The past decade has witnessed an evolution of India-Africa relations especially since the implementation of Modi's Act East policy. There is also a growing realisation of the strategic and geopolitical value of the Indian Ocean region. This speech highlights the policies needed to strengthen India-Kenya relations and tap the wealth of resources in this Blue Economy.
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With Prime Minister Modi set to embarking on a four-nation tour in Africa, we recall the chat we had with Kapil Kapoor, Director of the African Development Bank, on the sidelines of The Gateway of India Dialogue, where he highlighted the kind of opportunities that have arisen in Africa to provide energy and food security.
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The third India-Africa Forum Summit in New Delhi concluded on 29 October 2015. It is time that India begins work towards elevating the partnership with Africa and move ahead from the lofty ideals and grand vision statements. A conscious effort to shift gears and pour in investment in Africa is the need of the hour.
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Changes in how India plans to approach its relationship with Africa were evident at the recent India-Africa Forum Summit, including the wider representation of African countries, and Modi’s push to forge a united front with Africa at multilateral institutions on trade and other issues. But beyond these, gaps in the India-Africa alliance remain to be addressed.