India in Africa

India Show in Tanzania to boost business

An exhibition of Indian technology and products aimed at boosting India-Tanzania bilateral trade and investment will commence Wednesday in the Tanzanian capital Dar-es-Salaam.

'India joining African regional bank will strengthen ties'
By Hadra Ahmed

India's Exim Bank, the largest provider of lines of credit to Africa, is set to join a regional bank that will not only ensure greater capital but also help improve commercial ties, an official said.

Indian firm wins contract to help build highway in Ethiopia
By Hadra Ahmed

An India-based consulting company has won a $1.46 million contract for consultation and supervision of the construction of the 133 km Kombolcha-Mille highway project in Ethiopia.

Indian-aided cotton ginning unit inaugurated in Malawi

A cotton ginning unit,constructed with Indian aid, was inaugurated in Ngabu in Malawi, a landlocked country in southeast Africa that exports raw cotton.

Indian company to install CORE banking system in Ethiopia
By Hadra Ahmed

Polaris Financial Technology Limited, an Indian financial solutions provider, is set to complete installing a $3.4 million Centralised, Online, Real-time, Electronic (CORE) banking solution at the National Bank of Ethiopia (NBE) by month-end, an official said.

Narayana Health to venture into Africa

Widening its reach to offer quality medical care to residents of Africa, Narayana Health plans to set up state-of-the art super-speciality centres in the continent, a company official said in Kolkata.

Indian cinema theme of first Seychelles India Day

Indian cinema will be the theme of the first Seychelles India Day that will be celebrated in this picturesque Indian Ocean archipelago of 115 islands during Oct 4-6.


Healthcare next frontier for Indian companies in Africa
By Maina Waruru

The healthcare sector could be the next frontier for Indian companies keen on investing in Africa after manufacturing and telecom, if a recent trend is anything to by.

OVL to buy stake in Mozambique gas field for $2.6 bn

ONGC Videsh Ltd (OVL), the foreign arm of state-run Oil and Natural Gas Corp,  said it will buy US firm Anadarko Petroleum Corp's 10 percent stake in the Rovuma Basin gas field in Mozambique for $2.64 billion.


Indian gemstone-crafting industry to invest in Ethiopia
By Hadra Ahmed

India's gemstone-crafting industry is to invest in the mineral-rich Ethiopia following the east African nation's ban on the export of rough opal.