PO BAG 1: India Africa Forum Summit

Showing posts with label India Africa Forum Summit. Show all posts

29 October 2015

Modi says Africa, India both areas of economic opportunity

Zimbabwe's President Robert Mugabe, left and Indian Prime Minister Narendra Modi talk as they stand for a group photo during the India Africa Forum Summit at the Indira Gandhi sports complex in New Delhi, India, Thursday, Oct. 29, 2015. More than 40 African leaders are in New Delhi to attend the IAFS 2015, preceded by meetings of trade and foreign ministers from nearly all 54 African nations, to explore how Indian investment and technology can help a resurgent Africa face its development challenges.

Prime Minister Narendra Modi described India and Africa as bright spots of hope and economic opportunity and offered technology and credit in an effort to match rival China's influence over the continent at a summit with more than 40 African leaders Thursday.

As Modi opened the meeting in the Indian capital, he said Africa was now more settled and stable and "its initiatives are replacing old fault lines with new bridges of reforms and economic integration."