Africa

Africa

India and Africa share a growing economic relationship marked by expanding trade, which surpassed $90 billion recently. Key exports from India include pharmaceuticals, automobiles, and textiles, while Africa supplies crude oil, gold, and agricultural products. Major trade partners include Nigeria, South Africa, Egypt, Kenya, and Tanzania.

India is heavily involved in infrastructure development in Africa, with firms like Tata and Mahindra investing in sectors like energy, railways, and IT. The country also supports African growth through soft loans and technical cooperation, especially in agriculture, healthcare, and solar energy projects.

While challenges like competition from China and security concerns exist, India’s future prospects in Africa include strengthening trade agreements, promoting digital and green energy collaborations, and expanding educational and skill-building initiatives.

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