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The OECD argued that African governments need to do more to encourage entrepreneurship in its recent African Economic Outlook 2017.  The annual report noted that the continent’s growth rate was increasingly being driven by domestic consumption, allowing it to slough off the effects of the drop in global commodity prices. 
 
In 2016, Africa’s economic growth slowed to 2.2% from 3.4% in 2015 due to low commodity prices, weak global recovery and weather-affected…

Consumer goods are an increasing share of Indian exports to Africa but trade facilitation issues are a barrier to greater trade concluded a PHD Chamber of Commerce issued a report entitled “Reshaping India-Africa Trade” in July.

Among the highlights of the report:

One, the share of consumer goods in Indian exports to Africa is rising sharply. In 2011, such goods were just over half of Indian exports to Africa. By 2015, they had jumped to 62.4%. Indian goods were also aligning…

South Africa, the wealthiest of the African states, and Nigeria, the most populous, are entering stages of political uncertainty.

SOUTH AFRICA: South Africa’s Constitutional Court is holding hearings on whether a planned no confidence motion against the government of President Jacob Zuma should be held as a secret ballot. The opposition parties have asked the court for a ruling in the hope that it can entice parliamentarians of the ruling African National…

The flagship India-Africa economic summit, the annual Confederation of Indian Industry-Export Import Bank of India Africa Conclave, was held in New Delhi on 9-10 March. The twelfth such conclave saw a drop in attendance with the number of Indian delegations from 622 in 2014 to 452 and the number of African countries from 45 in 2014 to 37.

While this would seem to run counter to what was seen in last year’s Indo-African summit where a record 54 African governments sent delegations,…

A symbolic milestone in India’s engagement with Africa was reached when the African Development Bank held its 2017 annual meeting in Ahmadabad from 22nd to 26th May. The presidents of Benin and Senegal were among the over 3,000 attendees.

In the inaugural address, Prime Minister Narendra Modi spoke of how India’s partnership with Africa was “based on a model of cooperation which is responsive to the needs of African countries. It is demand-driven and free of conditions.” He said India…

About the Author

Pramit Pal Chaudhuri writes on political, security, and economic issues. He previously wrote for the Statesman and the Telegraph in Calcutta. He served on the National Security Advisory Board of the Indian government from 2011-2015. Among other affiliations, he is a member of the Asia Society Global Council, the Aspen Institute Italia, the International Institute of Strategic Studies, and the Mont Pelerin Society. Pramit is also a senior associate of Rhodium Group, New York City, advisor to the Bower Group Asia in India, a member of the Council on Emerging Markets, Washington, DC, and a delegate for the Confederation of Indian Industry-Aspen Strategy Group Indo-U.S. Strategic Dialogue and the Ananta Aspen Strategic Dialogues with Japan, China and Israel. Born in 1964, he has visited over fifty countries on five continents. Mr. Pal Chaudhuri is a history graduate from Cornell University.