Prime Minister Modi’s tour of four African countries will seek to build upon recent high-level visits to the continent, providing fresh impetus for the reinforcement of India-Africa relations in matters of diplomacy, business, security, and energy while putting to rest criticism of India’s visibility deficit in Africa. However, the onus to harness this momentum now lies with other stakeholders.
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Careful intervention and focused policy instruments by governments are required to obtain private sector participation. Private players must be incentivised to develop projects and must be brought in as ‘authentic’ development partners – along with government, development finance institutions, and civil society experts.
On 29 May, Buhari was sworn in as the next president of Nigeria, ending the presidency of Goodluck Jonathan. The mandate for Buhari indicates that Nigerians want a firmer hand in dealing with corruption, regionalism, and insurgency. It is now Buhari’s task to fulfil these hopes
The upcoming Nigerian elections is set to be a defining one for the country. Rampant corruption and the terrorist threat from Boko Haram have dampened the economic and social climate. The world is watching keenly as for the first time in a decade it is unclear which party will emerge victorious
This compendium of essays edited by Fantu Cheru and Renu Modi analyses the impact of Chinese, Indian and Brazilian investments in African agriculture.
The ZANU-PF party’s recent victory in the elections in Zimbabwe is fraught with allegations of manipulation. Reactions have varied, but South African President Jacob Zuma has endorsed the outcome. How will Mugabe’s re-election impact relations with South Africa? What will be the impact on Zimbabwe’s economy?
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?
Recently, Africa’s progressively improving economic statistics have fuelled a notion that the resource-rich continent is recovering from its woes and is headed towards development at a high pace. However, there are several reasons to believe otherwise.
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.
Presently, millions of barrels of oil are exported from the Middle East each day. The global economy too is weak and teetering on the edge. In the wake of such hostile conditions, the world economy could be crippled if the Middle East becomes a warzone. How can an attack on Iran lead to an oil and gas shock?