India will share experiences and knowhow for facilitating Africa’s energy transition
Minister of External Affairs Dr S Jaishankar believes that the implementation of the Africa Continental Free Trade Area (AfCFTA) pact will pave the way for increased investments by Indian companies in Africa.
“India is already among the top five large investors in Africa and I am confident that this will grow in the coming times,” he said at a CII-organized India-Africa conclave on 14 June 2023.
“India’s development partnership with Africa will have a strong focus on digital, green, healthcare, food security and water, in tune with the pressing priorities of Africa,” he underlined.
India is committed to share experiences and knowhow for facilitating Africa’s energy transition, he assured, encouraging the African countries to join the Lifestyle for Environment (LiFE) movement.
Recent Indian experiences in Africa including India’s digital delivery of public goods, deployment of green technologies, Covid response and healthcare efforts, among others, have been impactful and will foster inclusive development in Africa, he said.
“For India, the rise of Africa is key to geopolitical rebalancing,” said the Minister at the inaugural session “India-Africa: Synergies for ONE Growth”.
The 18th CII-EXIM Bank India Conclave on India-Africa Growth Partnership, jointly organized by the Confederation of Indian Industry (CII) and EXIM Bank of India, in New Delhi on 14-15 June 2023. fiinews.com
