Indian Inroads Into Africa
By Vinny Davis* With the Euro zone, U.S, and China undergoing a phase of relative slowdown, economic forecasts have placed Africa in an enviable position- as a new and emerging market. This explains why a rejuvenated India was upbeat to seal its position in the Rising Africa. The third Indo-African summit captured attention, being the highest African participation in the recent times. The African continent is rightly getting subsumed into Alex De Waal’s term of ‘political marketplace’. Economic diplomacy will be the tool to woo major trans-national engagements with Africa. The substantial presence of Indian business activities in the region will become the new level playing field to mobilize a revamped foreign policy concern. Though the capacity constraints of India pose a stumbling block towards the fuller realization of this goal, any key development is pitted to have a larger resonance in re-affirming the Indo-African ties. India would be embarking on a position o...