Delhi not deterred by reports of political instability......

Lily

B.R
Staff member
Addis Ababa: India will establish over 80 new institutions in Africa in areas as diverse as agriculture to English language teaching in its support for institutional capacity building in Africa, Prime Minister Manmohan Singh said yesterday.

India's total commitment to Africa would be to the tune of $5.7 billion (Dh20.9 billion) in grants and lines of credit, the prime minister said at the conclusion of the two-day second Africa-India Summit at the African Union headquarters in the Ethiopian capital.

"In consultation with African Union we will establish over 80 new institutions at the Pan-African, regional and bilateral levels in sectors such as agriculture, rural development, food processing, soil, water testing laboratories, integrated textile cluster, weather forecasting, life and earth sciences, information technology, vocational training, English languages centres, entrepreneurial development institutes," he said.

"The consolidation of our financial assistance consisting of grants and lines of credit into a cohesive plan has begun to show results in projects of interest to Africa. Our total commitment over the next three years is expected to be $5.7 billion to help Africa achieve its development goals," he added.

Singh said India was not deterred by reports of political instability from investing in Africa and underlined that New Delhi had "full faith" in the societies and systems of Africa to overcome "temporary difficulties".
 

*Genius*

Prime VIP
Re: Delhi not deterred by reports of political instability..

Love my country INDIA....go ahead..bring some change..
 
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