The Conversation (0)
India Eyeing Africa’s Resources But Recognizing Development Needs
Mar. 25, 2011 04:11PM PST
Battery Metals InvestingMining Weekly reported on India’s demand for valuable foreign resources from Africa.
Mining Weekly reported on India’s demand for valuable foreign resources from Africa.
The editorial is quoted as saying:
Modern economic relations between the two regions date back to the nineteenth century and nearly all Indian foreign investment in the 1960s went to Africa. Between 2000 and 2007, Indian investment in Africa jumped by 837% and, in 2009, Africa hosted about 33% of total Indian foreign investment.
