Africa-India Forum

The objectives of the subject “Economic Cooperation between Africa and India” are the following:

1. To understand the aims of the Africa-India Cooperation
2. To analyse the international trade and investment flows between the African Countries and India
3. To know the Free Trade Agreements between India and Africa (SACU, Mauritius)
4. To assess the benefits of the Indian Duty-free Tariff Preference (DFTP) Scheme

Description: Economic Cooperation between Africa and India

Grow of the India-Africa trade: 32% annually

The India-Africa bilateral trade has grown by nearly 32% annually between 2005 and 2011, despite the economic crisis.

1. The India-Africa trade is projected to reach U.S. 90 billion dollars
2. Between 2005-2011, the foreign trade between the African Countries and India has grown 32% annually
3. Top African sectors receiving private FDI from India are telecommunications, IT, energy, and cars
4. Top African exporters to India are Nigeria, South Africa, Angola, Egypt, Algeria, and Morocco (89% of the total African exports)
5. Top African export products to India are petrol and gas, ores, and gold

The Heads of State and Government of Africa, representing the African Countries, the African Union and its institutions along with the Prime Minister of India, recognising

“The rich history of the Africa-India trade relationship and noting with satisfaction the existing close, deep and multi-layered trade relations between the African Countries and the Republic of India and realising the need to give a new dimension to this cooperation, have decided to adopt this Framework for foreign trade cooperation between Africa and India.”

As a conducive and supportive international economic environment is crucial for Africa and India in their pursuit for a reciprocally profitable economic development, India and Africa recognise the need to promote such environment by reinforcing efforts to promote among them, the international trade and industry, Foreign direct investment, Small and Medium Enterprises development and regional integration in Africa.

Africa and India (BRICS Country) recognise the need to expand the foreign trade, a greater market access, and the foreign direct investment Facilitation.

Africa-India Forum Summit.

To reinforce the trade relations existing between Africa and India, and share benefits from the rich historical background as well as the natural resources of both Africa and India.

The Africa-India Forum Summit would create an opportunity to give a new dimension to the Africa-India Cooperation through an Action Plan and Declaration to be adopted at the Summit in New-Delhi and Addis Ababa.

The Africa-India Forum members are India, Algeria, Angola, Benin, Botswana, Burundi, Cameroon, Cape Verde, the Central African Republic, the Comoros, Congo, the Democratic Republic of the Congo, Djibouti, Ivory Coast, Egypt, Eritrea, Eswatini (Swaziland), Ethiopia, Gabon, Ghana, Guinea, Equatorial Guinea, Guinea - Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Morocco, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Uganda, Rwanda, Senegal, the Seychelles, Sierra Leone, Somalia, Sudan, Tanzania, Chad, Togo, Tunisia, South Africa, Zambia, and Zimbabwe.

1. Indian Free Trade Agreements: Sri Lanka, Thailand, Indonesia, Singapore, ASEAN, South Korea, European Union, New Zealand, Canada, Australia, Gulf Cooperation Council, SAARC, BIMSTEC, IORA, APTA, ACU, EFTA, Chile, MERCOSUR, Andean Community...
2. South African Trade Agreements: Southern African Development Community (SADC), COMESA-EAC-SADC Tripartite Agreement, Southern African Customs Union (EFTA), Indian-Ocean Rim Association, European Union, China-Africa...

EENI African Portal

Masters and Doctorates in Global Business adapted to:

1. Eastern African Students: Eritrea, Ethiopia, Kenya, Mauritius, Malawi, Seychelles, Somalia, Sudan, Tanzania, and Uganda.
2. Southern African Students: Botswana, Eswatini (Swaziland), Lesotho, Namibia, South Africa Zambia, and Zimbabwe.
3. Western African Students: The Gambia, Ghana, Liberia, Nigeria and Sierra Leone
4. Central African Students: Cameroon and Rwanda
5. Northern African Students: Egypt and Libya
6. Indian Students

The Africa-India Forum belongs to

1. African Civilisation
2. Hindu Civilisation