Africa: Gateway to Investment through Integration and Cooperation

Vice President Jagdeep Dhankhar highlighted Africa's resource wealth, demographic advantage, and economic integration as key factors drawing investments. He emphasized India's role in leveraging digital and space technologies for mutual growth and touted sectors like infrastructure, agriculture, and clean tech for increased collaboration, reinforcing India-Africa ties.

Vice President Jagdeep Dhankhar underlined on Wednesday that Africa's natural resources, demographic advantages, and increasing economic integration, particularly through the African Continental Free Trade Area, make it a prime destination for investments.

He stressed the potential for cooperation between India and Africa in areas such as infrastructure, space technology, and climate-resilient agriculture during his address at CII's India-Africa Business Conclave. India's digital technologies and space programs were highlighted as pivotal in strengthening this partnership.

Dhankhar noted India's contributions, including USD 12.37 billion in infrastructure projects and the opening of new diplomatic missions in Africa, demonstrating India's commitment to enhancing bilateral ties.

(With inputs from agencies.)