India’s Grants and Investments in Africa
| Author | Santosh Kumar Singh |
| Published date | 01 January 2015 |
| Date | 01 January 2015 |
| DOI | 10.1177/0020881717714683 |
| Subject Matter | Articles |
India’s Grants and
Investments in Africa:
Prospects and Challenges
Santosh Kumar Singh1
Abstract
In the contemporary era, the world has become integrated and multi-polar.
In this process, many emerging economies and developing countries have
shifted their economic interest from west to east and north to south. It has
built the ‘rise of the south’ and expanding south–south economic collaboration,
most importantly in trade and investment. India and Africa had cordial ties
throughout the centuries; especially during the period of cold war era and in
the fight against the colonialism and imperialism. During this period, both the
regions have played an important role to protect and promote their mutual
benefits. In this sphere, we can also see that the geographical state of affairs
has played an important role to bridge the gap between the two regions.
The contemporary period of liberalization, privatization and globalization has
eliminated the boundary and space between the regions. In such a situation,
it is significant to study the relations between the emerging economies—India
as a ‘country’ and Africa as a ‘continent’ in terms of trade and investment. This
article has tried to examine the nature of economic relations between the two
regions and in this process, it has tried to track out the challenges and oppor-
tunities which are available in front of these two regions. This article has also
evaluated the initiatives taken by both the regions.
Keywords
India, Africa, trade, investment, line of credit, capacity building, growth, development
From 26 October to 29 October 2016, the heads of state, policymakers and experts
from Africa continent and India gathered in New Delhi on the occasion of third
India–Africa Forum Summit (IAFS). The key issues focused in the summit by the
Article
International Studies
52(1–4) 151–165
2017 Jawaharlal Nehru University
SAGE Publications
sagepub.in/home.nav
DOI: 10.1177/0020881717714683
http://isq.sagepub.com
1 Assistant Professor, Department of Political Science, Sri Venkateshwara College, Benito Juarez
Road, Dhaula Kuan, University of Delhi, Delhi, India.
Corresponding author:
Santosh Kumar Singh, Assistant Professor, Department of Political Science, Sri Venkateshwara
College, Benito Juarez Road, Dhaula Kuan, University of Delhi, Delhi 110021, India.
E-mail: santoshjnu@hotmail.com
To continue reading
Request your trial