As India looks towards Africa to expand its economic ties, it faces a number of challenges - both policy and commercial. Gateway House interviews Kapil Kapoor, Director of Strategy at the African Development Bank Group (AfDB), to discuss new strategies for trade and investment in African countries
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The map – Asia’s Strategic Corridors to India – has emerged from Gateway House’s study of India’s strategic links with other parts of Asia. It highlights the progress India has made in forging multiple links with six strategic regions – Central Asia, West Asia, East Africa, South-East Asia, East Asia, and our immediate neighbourhood
The role of the emerging economies of Africa was discussed at the recent summit of the African Union. Africa’s resources are crucial to fuel such economic powerhouses as India, Brazil and China, and India must accelerate its trade and aid relationship with the continent.
All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
This October, Bourse Africa, the first Pan-African stock exchange is set to begin its operations. Apart from integrating all the African economies and boosting their engagements with international markets, it also aims to commodify diamonds. What does this mean for the future of commerce in Africa?
The India-Africa Conclave and other such platforms of interaction have played a pivotal role in engaging Africa with India’s growth story. Various Indian investments in agriculture and infrastructure, totalling over $20 billion, are soon to boost Africa's economies.
We need to deconstruct power and thus reconstruct India from the lower rungs of economy, of administration and of capability. It will heal the fissures of inequality and mitigate the evils of centralized power.
The mass uprising consuming Egypt shows a country on the sidelines of the economic development that has been sweeping the world from Brazil to China to Vietnam.