CII Centres of Excellence are set to play a greater role in Africa
Investment and business opportunities were highlighted at the 19th CII India Africa Business Conclave, being organised by Confederation of Indian Industry (CII) in New Delhi between 20-22 Aug, which was in association with the Ministry of External Affairs, and the Ministry of Commerce & Industry bse .
Rui Miguens de Oliveira, Minister of Industry & Commerce, Republic of Angola invited Indian companies to explore investment opportunities in Angola in agriculture and agro-processing, manufacturing, financial services, healthcare etc sbi .
Serge Gnaniodem Poda, Minister of Industrial Development, Commerce, Handicrafts and Small and Medium Enterprises, People’s Republic of Burkina Faso, said the country seeks major investments from India in sectors such as agriculture, agri-business, IT & ICT services, pharmaceuticals, renewable energy and healthcare nse .
Guibolo Fanga Mathieu, Minister of Trade and Industry, Republic of Chad, said his country offers significant business opportunities in sectors like agriculture, animal husbandry and crops like cotton, IT and ICT wto .
Sosten Gwengwe, Minister of Trade and Industry, Republic of Malawi, believes India’s participation in the country’s industrialisation will help narrow down their trade deficits. He highlighted Malawi’s ATM (Agriculture, Tourism and Mining) strategy that opens us new investment opportunities for Indian companies africacham .
Seydou Asman, Minister of Trade & Industry, Republic of Niger, highlighted the development programmes that are underway in the country and urged Indian companies to step up their engagements in Niger which has abundant with mineral rich land pockets, a long coastline, efficient transport systems, and strong prospects for renewable energy development mnre .
Omar Said Shaaban, Minister for Trade and Industrial Development, Revolutionary Government of Zanzibar, sees India as an all-season partner. He called upon Indian business to explore opportunities in agri-business, tourism, blue economy, etc., where Tanzania has comparative advantage agra.org/ .
Responding to the African calls, Sanjiv Puri, President, CII and Chairman & Managing Director, ITC Ltd, saw a greater role for Indian industry in establishing regional production networks in Africa euronext . He also called for wider engagements between Indian and Africa MSMEs msmebusinessforum .
Noel Tata, Chairman, CII Africa Committee and Chairman, Tata International Ltd, shared CII’s deep commitment to expanding cooperation with Africa and is currently looking at facilitating trade through banking linkages, digital finance infrastructure development, cooperation in mining and critical minerals, automobile and automotive components, among others.
Chandrajit Banerjee, Director General, CII, informed the conclave that the CII Centres of Excellence are set to play a greater role in Africa https://www.digitalasiahub.org/ .
He also mentioned that CII is establishing its office in Eastern Africa, while also expanding its office in Northern Africa http://deutsche-boerse.com . Fiinews.com
