ABIDJAN, Côte d’Ivoire, July 21, 2021,-/African Media Agency /- The Covid-19 pandemic has provided the impetus for a stronger partnership between India and Africa with potential benefits to both as they build back sustainably after the crisis, experts attending theSpeaking at the virtual event’s opening, Subrahmanyam Jaishankar, India External Affairs Minister said the two sides must reinforce collaboration in public health, digital delivery, capacity building, and the green economy – “our...
Participants said India and Africa should boost efforts to improve access to medicines, including vaccines and other essential drugs to tackle Covid-19 and future pandemics. Other sectors where there is scope for investment and partnerships include clean energy and digital technology. The African Development Bank will invest up to $3 billion over the next 30 years to advance the manufacture of pharmaceuticals and the development of healthcare infrastructure across Africa, Quaynor said. The Bank has also been providing expertise to its members on preparing public-private partnerships and to deepen debt capital markets including through investment in pension funds and providing sovereign credit and partial risk guarantees.
“We must continue to focus and identify new cross-border partnership opportunities that are future-proof and directed at the welfare of the 2.5 billion people in India and Africa. AfCFTA will have a positive cascading impact on our bilateral relations and industrial economic partnerships,” Tata said.