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India offers concessional credit of $10 billion to Africa

He said “This is a world of free nations and awakened aspirations”. Modi said that this move will be in order to add strength to the partnership and will be in addition to the ongoing credit programme.

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“We will also offer a grant assistance of $600 million”.

President Mugabe actively participated at the summit’s closing ceremony last night where, together with Prime Minister Modi and African Union Commission chairperson Dr Nkosazana Dlamini-Zuma, he unveiled commemorative stamps and coins of the summit before thousands of dele- gates.

Describing the two regions as bright spots in global economy, Modi said that various development priorities of the South Asian country are aligned with Africa’s vision for its future and New Delhi is ready to take adequate measures in order to support the “dark continent”.

PRESIDENT Robert Mugabe (91) yesterday showed signs of worsening frailty as he stumbled backwards before being assisted by Indian Prime Minister Narendra Modi and aides to scale a small step while attending the India-Africa Forum Summit in New Delhi, India.

Consultancy firm Bridge to India said: “India wants to position itself as a key global solar market as against been seen as just another emerging solar market. So, when it comes to security, distance no longer insulates us from each other”, he said. We can not say what will replace them in an uncertain future.

While pitching in for a deeper India-Africa partnership on clean energy, sustainable habitats, public transport and climate resilient agriculture, the Prime Minister said “it is also true that the excess of few can not become the burden of many”. He said Mr. Modi felt that countries should not get sidetracked by the manner in which terrorism was defined.

India is hoping to capitalise on an economic slowdown in China, Africa’s biggest trading partner, which is often cited as following a partnership primarily focused on resources and not involving the local population in projects in ample numbers. No one can be more conscious of climate change than Indians and Africans, ” he said.

Furthering the Indian plan to have 175 GW of renewable power by 2022, the country is seeking African support at the forthcoming climate change talks in Paris to join an alliance of solar-rich countries.

However, on its part India ensured that it stands up against injustice, terrorism and bloodbath as Modi sought to deepen cooperation in maritime security, counter terrorism, Intelligence sharing, Defence training and capacity building of forces.

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India and Africa were “on the same page” on the Security Council reform, External Affairs Ministry spokesperson Vikas Swarup told reporters after the meetings.

Africa Forum Summit at the Indira Gandhi sports complex in New Delhi India Thursday Oct. 29 2015. More than 40 Afric