New Delhi, April 28 (IANS) The fourth India-Africa Forum Summit next month could mark the beginning of a more “deliberate, resilient, and equal partnership” between two of the world’s most significant rising powers, a report said on Tuesday. Writing for India Narrative, Nairobi-based journalist Zuri Amondi said that on May 31, leaders from across Africa and India will gather in New Delhi, for the fourth India-Africa Forum Summit — the first in over a decade — calling it renewal rather …
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New Delhi, April 28 (IANS) The South African Consul in India celebrated 32 years of South Africa’s freedom, which also coincides with 30 years of its Constitution, in Mumbai on Monday. The Consul General of South Africa in Mumbai, Gideon Labane, said the event was one of their public diplomacy platforms, where South Africa reminds everyone about their country, both from the perspective of bilateral relations with India and also from a trade and investment promotion point of view.While answering …
New Delhi, April 23 (IANS) South Africa’s High Commissioner to India Anil Sooklal said that the upcoming India-Africa Summit is “extremely important” for charting a new course of cooperation between both sides. It will be a “coming of age” event for drawing a new blueprint for India-Africa cooperation, the envoy said.In an interview with IANS, Sooklal stated that India and Africa will discuss critical areas of cooperation, including global governance, reform of the multilateral system, including…
New Delhi, April 20 (IANS) The US is stepping up its investments in infrastructure projects in Africa to counter China’s influence as the race for critical minerals, such as copper, cobalt, lithium, and rare earth elements, gathers pace in the aftermath of the trade war between the two countries.Chinese engagement in African mining operations has evolved into comprehensive value chain integration spanning exploration, production, transport, and processing stages. Major Chinese companies have e…
Cape Town, April 19 (IANS) In recent weeks, India has sent 1,000 metric tonnes of rice to drought-stricken Malawi, 1,000 metric tonnes to Burkina Faso, and 500 metric tonnes plus relief supplies, including tents, hygiene kits, and medicines to Mozambique, but will its sole efforts solve the issue, an article in a South African news outlet asked.India’s shipments alone cannot reverse the food crisis in Africa, the South Africa-based Independent Online (IOL) said in a report.However, India’s ges…
New Delhi, April 18 (IANS) India Inc is exploring investment opportunities in South Africa’s Dube TradePort Special Economic Zone (SEZ), as New Delhi looks to strengthen its economic engagement with a key logistics and manufacturing hub in Africa, according to a new report.According to a report in South Africa-based IOL, the Dube TradePort SEZ stands out as South Africa’s only SEZ integrated with an international airport, King Shaka International Airport, offering a strong advantage for expo…
New Delhi, April 16 (IANS) International Energy Agency chief Fatih Birol on Thursday warned that air travel in Europe would be hit due to a shortage of jet fuel if the Strait of Hormuz remains closed, as stocks were already running low. Europe may have “only maybe 6 weeks or so of jet fuel left”, and there could soon be flight cancellations if supplies remained blocked, Birol told the Associated Press.Stocks would reach a tipping point in June if Europe was unable to replace at least half of its…
New Delhi, April 16 (IANS) India can play a key role in helping Africa scale up its renewable energy, as the country has, over the last decade, successfully added over 130 gigawatts of solar and wind capacity, with renewables now accounting for just over half of installed electricity capacity, according to an article.Across Africa, the energy transition is not a distant policy target; it is a practical attempt to turn sunlight, wind, and mineral wealth into hospitals with steady power, farms tha…
Washington, April 16 (IANS) The global economy is set to slow in 2026 as war-driven disruptions in energy supplies and trade routes push up prices and dent growth, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said, warning of tougher conditions if the conflict persists. “Even if the conflict is short-lived, extensive infrastructure damage and supply-chain disruptions are pushing prices up and slowing global growth down from 3.4 per cent last year to 3.1 per cent in …
Washington, April 15 (IANS) The Intergovernmental Group of Twenty-Four (G-24) warned of a sharp deterioration in global economic conditions, citing conflicts, supply disruptions and financial pressures that could weigh heavily on emerging economies.In a communique issued after its ministerial meeting in Washington, the G-24 said global growth is projected to decline in 2026 compared to 2025, as the fallout from the war in the Middle East and other crises ripples across energy markets and supply …