India-Africa focuses on projects worth $30b

With India’s growing focus on Africa, over 250 projects worth around $30 billion in sectors such as agriculture, communications and pharmaceuticals will be on the table at the eighth India-Africa partnership conclave here from March 18-20. The conclave will provide the Indian side an opportunity to explore new avenues for scaling up two-way trade from the current $50 billion to $70 billion in the next two years. About 1,100 delegates will attend the event aimed at deepening business and economic ties between India and Africa. They include political leaders, government representatives, business heads, bankers and development specialists.