Ten Years of last India-Africa Forum Summit (IAFS) | Current Affairs | Vision IAS
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In Summary

India-Africa relations, focused on development, trade, and cooperation, face challenges like competition, delays, and geopolitical instability, but offer opportunities through market access, digital innovation, and human resource development.

In Summary

Absence of IAFS for a long period warrant reflecting on the Opportunities and Challenges in India-Africa relations.

  • Three IAFS have been held previously in 2008, 2011 and 2015, with a focus on broader development cooperation.

Opportunities in India-Africa Relations

  • Trade: African Continental Free Trade Area (AfCFTA) creates a single market, offering Indian investors immense scale and access.
    • India is Africa's third-largest trading partner (after EU and China) with trade surpassing $100 billion.
  • African-led development: Africa has been one of the world’s fastest-growing regions over past decade and this growth translates into an expanding consumer base, growing young workforce and presenting vast market opportunities. 
  • Soft Diplomacy: Human resource development through education and healthcare cooperation. 
    • E.g. IITs campuses, Indian Technical and Economic Cooperation (ITEC), Pan-African e-Network.
  • Representation in Global Institutions: India supports African representation in global institutions which boosts India’s leadership in global South-South Cooperation. 
    • E.g. India’s push for membership for African Union in the G-20.
  • Technological cooperation: India can aid Africa in leapfrogging digital infrastructure deficits through initiatives like Digital Public Infrastructure (DPI).

Challenges

  • Competition and Debt: India faces competition from China’s investments that could potentially push African countries in the debt-trap.
  • Delays: India’s projects face issues of scale and bureaucratic drag, hindering actualization of potential.
  • Geopolitical challenges: Political Instability (rise of military coups) and maritime insecurity (piracy and maritime terrorism in the Indian Ocean Region (IOR)) hinder investment and long-term project viability.
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