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Global Business News

The Economic Times

Global Business / The Economic Times

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India pitches for wider financial sector engagement with Africa

Ahead of the India Africa Forum Summit, officials urged deeper engagement with African financial institutions and enhanced insurance for projects. India's commitment to Africa's development is evident in its expanding diplomatic presence and significant overseas development assistance. Despite strong trade growth, Africa faces substantial financing challenges for infrastructure and a persistent trade finance deficit.

25 Apr 2026 6:44 am