India may ramp up development aid for Africa

India is set to significantly enhance its economic and development cooperation with Africa, hosting the 4th India-Africa summit after an 11-year hiatus. The government plans to announce major initiatives for development assistance, building on previous commitments of $10 billion in credit and $600 million in grants. The summit will see participation from over 40 heads of state and government.

India may ramp up development aid for Africa
India is set to significantly enhance its economic and development cooperation with Africa, hosting the 4th India-Africa summit after an 11-year hiatus. The government plans to announce major initiatives for development assistance, building on previous commitments of $10 billion in credit and $600 million in grants. The summit will see participation from over 40 heads of state and government.