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India Africa trade

PM Modi congratulates Comoros President Azali Assoumani on re-election

PM Modi affirmed hope that the two countries will continue to work to strengthen the India-Comoros partnership, the India-Africa partnership and the 'Vision Sagar'

PM Modi congratulates Comoros President Azali Assoumani on re-election
Updated On : 30 Jan 2024 | 6:51 AM IST

India-Nigeria joint commission meet: EAM Jaishankar stresses on cooperation

External Affairs Minister S Jaishankar on Monday co-chaired the 6th Joint Commission Meeting between India and Nigeria and said that both the sides have agreed to strengthen efforts in a slew of sectors, including people-to-people exchange, energy, mobility and consular cooperations. The Joint Commission meeting, which Jaishankar co-chaired along with his counterpart Yusuf Tuggar, also discussed opportunities in the sectors of energy, power, renewables, transport, healthcare, fintech, agriculture, and security between the two countries. Co-chaired the 6th Joint Commission Meeting along with FM @YusufTuggar. Noted the expansion of our economic cooperation, especially trade and investment. Discussed new opportunities in energy, power, renewables, transport, healthcare, fintech, agriculture and security," Jaishankar said in a post on X. Earlier, he arrived in the Nigerian capital Abuja from Lagos, which he reached on Sunday after attending the Non-Aligned Movement (NAM) Summit in ...

India-Nigeria joint commission meet: EAM Jaishankar stresses on cooperation
Updated On : 23 Jan 2024 | 7:02 AM IST

'Work in progress to remove trade barriers in sub-Saharan African nations'

The commerce ministry is working to address issues related to non-tariff barriers and market access for domestic products in sub-Saharan African countries like Nigeria, Ethiopia, Ghana and Gulf nations to boost India's exports, an official said. The official said meetings have been held with Indian missions of the sub-Saharan African countries with which India has significant bilateral trade. The major trading partners of India in that region in 2022-23 were South Africa (total trade USD 18.9 billion, exports USD 8.5 billion); Nigeria (USD 11.85 billion, exports USD 5.15 billion); Togo (USD 6.6 billion, exports USD 6 billion), and Tanzania (USD 6.5 billion, exports USD 3.93 billion). The other countries were Mozambique (USD 5 billion, exports USD 2.5 billion); Angola (USD 4.22 billion, exports USD 621 million); and Kenya (USD 3.4 billion, exports USD 3.2 billion). "A virtual meeting with Indian Mission of top 10 countries (bilateral trade-wise) in sub-Saharan African region was hel

'Work in progress to remove trade barriers in sub-Saharan African nations'
Updated On : 27 Nov 2023 | 5:52 PM IST

High on G20 bonhomie, India readies 4th summit with African Union

First held in New Delhi in 2008, the second and third summits were held in the Ethiopian capital of Addis Ababa in 2011 and New Delhi in 2015

High on G20 bonhomie, India readies 4th summit with African Union
Updated On : 02 Oct 2023 | 7:31 PM IST

India's rising Africa bet: FDI outflows at $14 billion, shows data

Total trade between African nations and India was almost $100 billion in 2022-23

India's rising Africa bet: FDI outflows at $14 billion, shows data
Updated On : 11 Sep 2023 | 11:15 PM IST

India can look for FTA talks with Africa to further strengthen ties: Goyal

India can also look for negotiating a free trade agreement with Africa to further strengthen economic ties, he said

India can look for FTA talks with Africa to further strengthen ties: Goyal
Updated On : 15 Jun 2023 | 9:53 PM IST

Gambia death fallout: Pharma exports to African market slipped 5% in FY23

Medicines put up for retail sales led the decline in exports

Gambia death fallout: Pharma exports to African market slipped 5% in FY23
Updated On : 06 Jun 2023 | 8:26 PM IST

India's Exports to EU, US grow but Asia and Africa suffer in FY23

India's merchandise exports had risen 6.7 per cent to $450.4 billion in FY23

India's Exports to EU, US grow but Asia and Africa suffer in FY23
Updated On : 14 May 2023 | 8:03 PM IST

India gives $2 million to African Union Transition Mission in Somalia

Earlier, India had contributed USD 4 million to African Union Mission in Somalia (AMISOM).

India gives $2 million to African Union Transition Mission in Somalia
Updated On : 07 Apr 2023 | 2:48 PM IST

Time is ripe for India to explore trade deal with AfCFTA: Commerce Secy

AfCFTA brings together the 55 countries of the African Union and eight regional economic communities to create a single market for the continent

Time is ripe for India to explore trade deal with AfCFTA: Commerce Secy
Updated On : 21 Jul 2022 | 1:47 AM IST

India among Africa's top investors, bilateral trade at $89.5bn in FY22: EAM

External Affairs Minister S Jaishankar said that India is among the top five countries that have invested in the African continent.

India among Africa's top investors, bilateral trade at $89.5bn in FY22: EAM
Updated On : 20 Jul 2022 | 7:19 AM IST

CII-Exim Bank conclave: Goyal calls for deepening trade ties with Africa

The trade between India and African countries has been balanced with exports of trade and services of about $40 billion and imports of $49 billion, Goyal said

CII-Exim Bank conclave: Goyal calls for deepening trade ties with Africa
Updated On : 19 Jul 2022 | 11:56 PM IST

India proposes to negotiate trade pact with Africa: Suresh Prabhu

The minister also highlighted the need for Indian companies to invest in Africa

India proposes to negotiate trade pact with Africa: Suresh Prabhu
Updated On : 25 Mar 2018 | 11:58 PM IST

India-Africa trade may touch $117 bn by 2020-21: Report

Indian exports to the African continent are expected to grow to $70 billion by 2021-22

India-Africa trade may touch $117 bn by 2020-21: Report
Updated On : 23 Jul 2017 | 4:27 PM IST