Ghana, Cote d'Ivoire, Namibia seek Indian investment
The Dollar Business Bureau Urging India to tap the full potential of bilateral trade and economic relations, Ghana, Cote d'Ivoire and Namibia sought more Indian investments during President Pranab Mukherjee’s visit to these nations. Mukherjee, in turn, assured them that Indian public and private sector companies were enthusiastic about the opportunities in their respective countries too. He advised them to create a conducive environment for investment and start a dialogue with the Indian industry. The President concluded his six-day (June 12-18) visit to Ghana, Cote d’Ivoire and Namibia on Friday. His visits to Ghana and Cote d'Ivoire were the first by an Indian President, and his visit to Namibia was only the second. “These visits reflect the importance that India attaches to enhancing ...
Indian firms to get investment opportunities in Africas infrastructure sector
The Dollar Business Bureau Indian companies will get an opportunity to invest in various infrastructure projects in Africa. Exim Bank has tied up with the African Development Bank (AfDB) to set up a Project Development Company which will pave the way for Indian developers to take part in infrastructure projects in the continent, a report said. Exim Bank and AfDB will form a Project Development Company in Africa to identify and develop such projects; the report said quoting Kodeidja Diallo, Director (Private Sector), African Development Bank. The company will share expertise related to infrastructure development and projects that are relevant for Indian investors. The overall trade between India and western African countries has increased from $1.9 billion in 2004 to $22 billion ...
