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Scaling a new Summit

India, Africa trade to touch $70 bn by 2015: Minister

Trade between India and Africa will touch $70 billion by 2015 even as the South Asian economic giant has become a leading investor in the continent with an investment of $33 billion till date, Commerce and Industry Minister Anand Sharma said.

Africa offers the right atmosphere for India to expand trade

The determined effort of the Indian government to evolve a strong economic and trade relation with Africa is recognised by the initiatives it is taking.The countrys First India-Africa summit in 2008 at New Delhi was an important step in that direction.Conclaves and meetings in 2009 and 2010 are an indication that both are eager to establish and nurture a strong relationship.

India calls for stronger media links with Africa

Days ahead of its second summit with the African continent, India made a strong pitch for greater media exchanges to bridge the knowledge gap and underlined that the two sides should strengthen its partnership to combat the common challenge of poverty."There has been a long tradition of direct interaction between the leaderships of India and Africa. However, there has been a paucity of such contact in many other areas including academics and the world of the media," Vivek Katju, secretary (west) in India's external affairs ministry, said while inaugurating India-Africa Media Symposium.

India to invest $4.78 bn in Ethiopia

India has offered to invest $4.78 billion in various projects in Ethiopia over the next few years, of which nearly $1 billion is already on ground or in the pipeline, Commerce and Industry Minister Anand Sharma said Saturday.

Manmohan set to Woo Africa with New Trade Deals

Prime Minister Manmohan Singh will next week lay out a new multipronged strategy to engage Africa, a move that aims to counter China�s rising clout in the continent.

Anand Sharma to inaugurate India show in Ethiopia

India's Commerce and Industry Minister Anand Sharma will inaugurate the India show organised by the Confederation of Indian Industry (CII) on the occasion of the second India-Africa forum summit in Addis Ababa, Ethiopia, the industry lobby said.

India�s Half-Built Business in Africa

The key question at the second India-Africa summit, in Addis Ababa, will be whether New Delhi�s economic diplomacy has the smarts and the heft to change India�s business profile in Africa.

Charm Africa: Manmohan heads to Ethiopia, Tanzania next week

Prime Minister Manmohan Singh flies to Addis Ababa next week to participate in the second India-Africa Forum summit that will bind two of the fastest-growing regions in the world in a closer partnership as also to discuss issues ranging from trade to terrorism and UN reforms.

Africa Proposes, GoI Waits...& Waits

The affable and courteous Balumuene Francois starts off diplomatically, when asked about the current state of Indian policy in Africa, and especially about investments by the Indian government there. �India is making all possible efforts for the economic development of Africa,� intones the 58-year-old ambassador for the Democratic Republic of Congo to India. He then goes on to list the sectors where letters of credit have been granted by the Indian government across Africa�India is funding dams, roads, cement and even sugarcane.

A taste of India on Ethiopian business table

Hara Bhara Kabab, Paneer lababdar, tomato shorba, naan, rasamalai and gulab jamun among many other mouth watering Indian dishes will vie with Indian automobiles and cultural events to catch the attention of Ethiopians over the next couple of days.