India is conscious that a new Africa is coming into being free economically vibrant and politically representative. The new millennium could well see a new resurgent Africa and nothing will give India greater joy than the fulfillment of this promise. India has initiated several economic collaboration arrangements with the countries of Africa. These include India’s membership of the African Development Bank, assistance under the India’s Technical and Economic Cooperation programme, credit arrangements both through governmental channels and through the Exim Bank of India and several initiatives within the multilateral G-15 grouping and the Indian Ocean Rim Association for Regional Cooperation. Many Indian joint ventures are in operation in Africa. Joint commissions have been established and several bilateral agreements concluded in the fields of trade, technical and economic cooperation. Today there is much that India can share with Africa and much that Africa can give to India. India’s experience in small scale and medium enterprises and the vital areas of human resource development, is of great relevance for the people of Africa. Agriculture, rural development, development of infrastructure, housing and information technology are but a few other areas where both India and Africa can cooperate to mutual benefit. India is involved in constructing relations of partnership and cooperation with regional African Organizations like the Southern African Development Community (SADC), Common Market for Eastern and Southern Africa (COMESA), Economic Community of West African States (ECOWAS), UN Economic Commission for Africa and the African Development Bank. India has observer status in the Organization of African Unity (OAU). The present book may help to bring India and Africa more closer in the new millennium.
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