Ahead of the India-Africa Summit, Prime Minister Narendra Modi said India was proud to host the event which reflects a desire by the two sides to engage more intensively for a better future.

HIGHLIGHTS

• India’s current trade with Africa is around USD 75 billion dollar and it has granted a whopping USD 7.4 billion for various developmental and capacity building projects in the last four years. India has implemented a total of 137 projects in 41 African countries during the period.
• Expanding trade ties will be a major focus area at the summit which will see participation of over 400 business delegates from Africa besides all major Indian chambers of commerce.
• A large number of African countries including Tanzania, Sudan, Mozambique, Kenya and Uganda have huge oil and gas reserves and India wants to invest in the sector to fuel its economic growth. Having a solid partnership in exploiting the blue economy will be another major focus area.
• There will be deliberations on expanding ties in areas of energy, health care, infrastructure, technology and innovation.
• Stepping up trade ties, particularly in oil and gas sector, strengthening maritime cooperation and lifting the overall engagement to a new high will be the main agenda of the summit.

Expected Questions

Which country to host the India- Africa event which reflects a desire by the two sides to engage more intensively for a better future.