10th CII EXIM Bank Conclave on India-Africa Project Partnership March 9-11, 2014


Mozambique praises India's 'non-interfering' nature
By Aparajita Gupta

Mozambique Agriculture Minister Jose Pacheco Tuesday praised India for its "non-interfering stand" while providing lines of credit meant for the development of his country's agriculture and infrastructure sectors.

African firms show interest in India's manufacturing zones

African companies have identified major investment opportunities in the upcoming National Investment & Manufacturing Zones (NIMZs) and large industrial corridors in India, E.M. Sudarsana Natchiappan, India's minister of state for commerce & industry, said here Tuesday.

Commerce ministry adds new Line of Credit for Africa

A new Exim Bank Line of Credit for Africa has been introduced to speed up infrastructure project development in the continent, Commerce Minister Anand Sharma said here Sunday.

India's revenues from Africa can grow four times: McKinsey

India can aspire to quadruple its revenues from Africa to $160 billion by 2025 by developing its presence in sectors where it has a unique value proposition in areas such as IT, agriculture, infrastructure, pharmaceuticals and consumer goods, says a McKinsey report released Monday.

India pledges new low-cost drugs to developing nations

Stressing that India's pharmaceutical technology was appropriate for Africa, Commerce Minister Anand Sharma said India is committed to making available to developing countries newer generation life-saving drugs also.