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Vol 4 (AAC) No 8

Published 1st June 2011

The charge for Africa

New Delhi’s second India-Africa summit seeks to reinvigorate trade and diplomatic ties with allies in Eastern and Southern Africa

India– which held its second India-Africa summit in Addis Ababa on 24-25 May – is challenging China’s previously unparalleled reach across the African continent. The Asian hypereconomies are battling for natural minerals, energy resources and food. Indian diplomats want current bilateral trade of US$50 billion to reach $70 bn. by 2015, backed by new export credits and support for the private sector.

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