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India announces $5 bn aid for Africa, seeks
support for UN reforms
Tuesday May 24, 2011 03:53:58 PM, Manish Chand, IANS
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Addis Ababa: Taking
its burgeoning ties with Africa to a new high, Indian Prime
Minister Manmohan Singh Tuesday announced a massive $5 billion aid
for the next three years and an additional $700 million for
setting up new institutions and training programmes across the
African continent.
Describing Africa as "a major growth pole of the world", Manmohan
Singh said at the opening session of the 2nd Africa-India Forum
Summit that began here: "We will work with Africa to enable it to
realize its potential. We believe that a new vision is required
for Africa's development and participation in global affairs."
Manmohan Singh also announced a host of initiatives designed to
expand India's footprint in Africa that included $300 million for
the development of a new Ethiopia-Djibouti railway.
With capacity building being the core of India's engagement with
Africa, Manmohan Singh announced the establishment of new
institutions at pan-African level that will include: an
India-Africa Integrated Textiles Cluster, an India-Africa Centre
for Medium Range Weather Forecasting and an India-Africa Institute
for Rural Development.
Other important initiatives unveiled by India at the summit
included supporting the establishment of an India-Africa Virtual
University. India also pledged 10,000 scholarships under this
proposed university that will be available for African students.
Manmohan Singh also made a strong pitch for reform of global
political and economic institutions, including the UN Security
Council for which India needs Africa's support.
"The current international economic and political system is far
from favourable, specially for developing countries. The world
faces new challenges in assuring food and energy security," he
said, adding: "The global institutions of governance are outmoded
and are working under stress."
"We, therefore, need a new spirit of solidarity among developing
countries," he stressed.
India and Africa began their second summit Tuesday morning with a
rendition of the anthems of the African Union and India at the
African Union headquarters in the Ethiopian capital, which is seen
as the political centre of the continent.
(Manish Chand can be contacted at manish.c@ians.in)
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