Win-win ties between India and Africa

INDIAS commitment to strengthen trade relations and deepen economic ties with South Africa and the other countries on the continent was highlighted during the 20th India-Africa Conclave in New Delhi in August.

- NERESHNEE GOVENDER

Trade, Industry and Competition Minister Parks Tau led South Africa's delegation at the invitation of Indian minister of Commerce and Industry, Shri Piyush Goyal.

The relationship between India and countries on the African continent continues to be strengthened with India-Africa trade surpassing $100 billion in 2024/25 compared to $56 billion in 2019/20 and New Delhi has emerged as one of the top-five investors in the continent.

With the focus shifting to co-creating a shared future, bilateral trade between countries on the continent and India has significantly increased since 2019/20 and India has extended significant loans and grants for African projects.

During India’s presidency of the G20, the African Union gained permanent membership and India has supported Africa in times of need, including inviting collaboration in climate initiatives.

India has stood with Africa in times of need, with relief operations in Mozambique, Madagascar, Mauritius and several other countries and invited African nations to join the Coalition for Disaster Resilient Infrastructure as well as the International Solar Alliance to strengthen cooperation in climate and clean energy.