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The African Continental Free Trade Area, launched in July, is a landmark achievement, aiming to eliminate tariffs on 90% of products covered by intra-Africa trade and thereby spur entrepreneurial initiative and job creation. It envisages many other gains as well, but the hurdles in their realisation cannot be wished away. An analysis
Courtesy: Presidency, Kenya
Kenya, the jewel of East Africa in many respects, has not made optimal progress due to a range of factors. But Uhuru Kenyatta, who is serving his second term as the country’s fourth president, has dedicated himself to a path of unity and more inclusive economic development. An analysis of Kenya’s ‘African destiny’
Courtesy: Egypt Today
The inaugural Russia-Africa summit in Sochi in October is President Putin’s way of proclaiming a new phase in Russia’s relationship with the continent while increasing its relevance among countries with an established presence. The aim is to strengthen cooperation in the nuclear power, mining and security sectors
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Why this unique grouping of India, Brazil and South Africa must be revitalised
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South African president Cyril Ramaphosa, who is in India this week as the chief guest on Republic Day, and Prime Minister Modi both have elections on their minds, but the considerable diplomatic stakes in the bilateral relationship warrant his visit at this time
Courtesy: Bharat Shakti
India and Japan, two countries wanting to enhance the quality of their engagement in Africa’s development, have historically taken fundamentally different approaches to the task. But now, both are being guided by geoeconomic imperatives in aligning their strategy in the region— and the Asia Africa Growth Corridor offers many opportunities for synergy at the B2B level
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China’s footprint in the African continent is growing because it is a zealous summiteer. And now, in response to ‘debt-trap’ criticism, it also appears to be stressing private sector investment in Africa over loans and credit. Are there any takeaways for India in this?
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Africa today holds great economic allure for the major powers, which are looking to deepen their partnerships with it. India, which shares a rich past with the continent, has been adopting many measures to step up economic diplomacy in the region
Courtesy: Tide of Fortune: A family tale, by Manubhai Madhvani
Indian Prime Minister Narendra Modi’s visit to Rwanda and Uganda, en route to the BRICS Conference in South Africa (July 25-27), is significant as it is a rebolstering of ties with these East African landlocked nations through their Indian diasporas, ties that will be cemented further by cooperation in defence, finance, education and other sectors. The Bombay Presidency once played a key role in the development of this region
Courtesy: Kremlin website
The annual diplomatic exercise next week takes place amid a complex global political scenario. The western alliance is deeply divided, Brexit is near and equations among the great powers are in a constant state of flux. BRICS may now do well to focus more on internal cooperation than global change