As India looks towards Africa to expand its economic ties, it faces a number of challenges - both policy and commercial. Gateway House interviews Kapil Kapoor, Director of Strategy at the African Development Bank Group (AfDB), to discuss new strategies for trade and investment in African countries
Courtesy: Ministry of External Affairs, India
The role of the emerging economies of Africa was discussed at the recent summit of the African Union. Africa’s resources are crucial to fuel such economic powerhouses as India, Brazil and China, and India must accelerate its trade and aid relationship with the continent.
Courtesy: Foreign Affairs
The collective GDP of countries in sub-Saharan Africa has grown at an average of 5% per annum since 2000, and is expected to grow faster in the future. Will the recent political reforms give the region a chance to sustain this boom in the coming years?
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India’s relations with Islamic nations, many of which are members of the Organisation of Islamic Cooperation (OIC), have become even more prolific over the last decade. While India does not visualise becoming a member of a religious international body, many reasons militate against our formally joining the OIC.
Courtesy: trendscout::/Flickr
All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
Courtesy: Clipgame/Wikimedia Commons
This October, Bourse Africa, the first Pan-African stock exchange is set to begin its operations. Apart from integrating all the African economies and boosting their engagements with international markets, it also aims to commodify diamonds. What does this mean for the future of commerce in Africa?
Courtesy: World Economic Forum/Flickr
The propensity of Africa’s leaders to seek medical treatment abroad illustrates the little faith they have in their own healthcare systems. Given how countless Africans don’t have the resources to follow their leaders’ steps, there should be increased political will to make affordable healthcare available at home.
Courtesy: Gateway House
Gateway House prepared a Global Stability Map, using 20 differing indicators, to analyze the stability of 60 countries around the world. Using criteria that are important to the emerging economies of the world, the map provides an Indian perspective of the world today.
Though some countries like Russia gained a strong foothold in Central Asia and the Caucasus post-1991, India has been a late-comer. Gateway House interviews former Ambassador to Azerbaijan Debnath Shaw to discuss India’s energy interests in the region, the Shanghai Cooperation Organization and the TAPI pipeline.
Courtesy: BlatantWorld.com/Flickr
The concern with piracy is in our waters is three-fold: the threat to Indian-owned vessels and Indian citizens; the difficulty in dealing with piracy and hostage-taking on the high seas; and finally, squeezing the organized industry. Can India play a leadership role in this effort?
