Halter slemt efter kineserne og deres massive tilstedeværelse i Afrika og vil nu sætte en spurt ind
India will offer 5 billion US dollar (ca. 25 milliarder DKR) credit (lån) to African nations to help them meet development goals, Prime Minister Manmohan Singh has said.
Speaking at a meeting with African heads of state in Ethiopia, Mr Singh also pledged to support African education and infrastructure, BBC online reports Tuesday.
He is in Africa on a six-day visit in a bid to expand India’s trade with the continent. Analysts say India is lagging behind its rival China in trying to invest in and access African markets.
India’s commerce with Africa is worth 40 billion dollar (200 milliarder DKR a year, but it is dwarfed by China, which does roughly three times as much business with the continent.
Manmohan Singh spoke of a unique relationship between India and Africa, which he said owed its origins to a common struggle against colonialism, apartheid and poverty.
He said Africa had the potential for major growth: – Africa possesses all the prerequisites (forudsætninger) to become a major growth pole of the world. There is good news in the struggle against HIV and Aids, as well as in improving literacy, reducing infant mortality and building institutions of representative government, he said.