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“India will continue to collaborate with Africa”


India will continue to collaborate with African countries through sharing of technology and expertise to help them achieve their developmental goals, Power Minister Piyush Goyal has said.”India values its partnership with countries in Africa and that India would continue to collaborate with countries in Africa in achieving their developmental endeavours, through sharing of technology, expertise, skill sets and capacity building endeavours,” Goyal said at a seminar organised by EXIM bank yesterday.Goyal also touched upon the government’s recent endeavours to ensure access to affordable energy to all and its initiative of seamless connectivity through the Digital India Initiative, a release said.

On the occasion, Coal Secretary Anil Swarup said India is keen to partner with Africa to explore business opportunities in the coal sector by way of exploration, mining, development of coal sector projects and mines by Indian companies.Exim Bank CMD Yaduvendra Mathur said, “There is a growing interest among Indian entrepreneurs to invest in African countries in diverse sectors including mining, driven by the opportunities and potential for high growth in these markets.”He highlighted that there is substantial scope for further cooperation in various sectors.

Zimbabwe Finance and Economic Development P A Chinamasa said, “While the country is endowed with abundant natural and mineral resources, the potential needs to be fully realised yet.”He noted that infrastructure development, value addition in mining and beneficiation, education and healthcare are priority sectors for economic development and invited Indian entrepreneurs to invest in areas of its strength- viz.healthcare, pharmaceuticals, SMEs, IT, power, renewable energy, coal, agricultural equipment, irrigation etc.

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network


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