The Conclave has become a prestigious event for Indian and African governments and industry to meet and explore new avenues of partnerships. The annual gathering enables the Indian and African leadership to take stock of the progress of the partnership and address future needs in this regard.

Indian industry could play a key role in helping Africa’s manufacturing industries move up the value chain. Manufacturing, drugs and pharmaceuticals, and renewable energy are three vital sectors where Indian investors could make key contributions to Africa’s sustained progress.

Africa seeks India’s active participation in areas like agriculture, agro-processing, ICT, infrastructure, tourism, healthcare and education. African governments extend due protection to foreign investments and urged Indian investors to take advantage of the myriad business opportunities in the region.

I acknowledge Government of India’s strident step toward opening 18 new missions in African countries, including Guinea. India’s initiatives like the Pan Africa eNetwork have truly benefitted the people of Africa. Africa offers huge opportunities for investment in areas like agriculture, infrastructure development, power and energy and road sectors, among others.