Indo-Africa trade much-needed buoy amid US tariffs

Indo-African trade relations are set to continue on a robust trajectory in the aftermath of the G20 summit in Johannesburg.

- FAWZIA MOODLEY

ALLIES. President Cyril Ramaphosa and Prime Minister of India Narendra Modi.

(Gallo Images)

India is the continent's third-largest trading partner and fourth-largest investor, and trade between them has grown from $5 billion (about R85 billion) in 2002 to nearly $100 billion in recent years, despite lingering imbalances.

The Johannesburg G20 agenda had a strong south-south bias, with issues confronting the developed world, including Africa, taking centre stage.

India's support, shared expertise and diplomatic muscle ensured the continuity of the African agenda, moving it from the periphery to the core of the discussions.

Prime Minister Narendra Modi, a key player batting for Africa, proposed initiatives to build capacity and foster development, including a G20-Africa Skills Multiplier Initiative to prepare one million certified trainers in Africa over the next decade.