NEW DELHI |OCTOBER 31,2025| SKY LINK TIMES|
India Africa 80 billion investment , India is deepening its partnership with Africa to transform the continent’s mineral wealth into industrial strength, emphasizing collaboration, sustainability, and shared prosperity. The initiative was highlighted during the 20th CII India–Africa Business Conclave, where both sides reaffirmed their commitment to mutual growth in the critical minerals sector.
India Africa 80 billion investment : Collaborative Approach, Not Extraction
Speaking at the conclave, Sevala Naik Mude, Additional Secretary at India’s Ministry of External Affairs, underscored India’s approach as “collaborative rather than extractive.” He emphasized that India’s engagement in Africa focuses on local industrialization and job creation rather than mere extraction of mineral resources.
“These resources belong first and foremost to Africa,” Mude said, as quoted by Independent Online (IOL). “By sharing best practices, aligning policies, building industries, and developing skills, we can harness Africa’s critical minerals not just for economic gains, but for building a sustainable and inclusive future.”
Boosting Trade and Industrial Growth
India is currently the fifth-largest investor in Africa, with investments exceeding $80 billion across various sectors including manufacturing, mining, value addition, and services. The country has also extended preferential access for African exports—both processed and unprocessed—through its Duty-Free Tariff Preference Scheme.
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Highlighting future goals, India’s Commerce and Industry Minister Piyush Goyal called for efforts to double bilateral trade by 2030, with an emphasis on value addition, technology-driven agriculture, renewable energy, and healthcare partnerships.
Africa’s Call for Local Value Addition
South Africa’s Minister of Mineral and Petroleum Resources, Gwede Mantashe, echoed similar sentiments at the G20 Critical Minerals Stakeholder Engagement. He noted that resource-rich nations often lose potential revenue and employment due to global supply chain imbalances and lack of infrastructure investment.
“Countries like South Africa lose jobs and profits because the mineral supply chain remains concentrated globally,” Mantashe said. He urged for greater local processing and beneficiation to ensure that mineral wealth directly benefits African economies.
Building a Sustainable Future Together
The India–Africa partnership on critical minerals is emerging as a model for equitable and sustainable global cooperation. By combining Africa’s vast natural resources with India’s industrial expertise, both regions aim to shape a resilient, inclusive, and future-ready economic alliance.
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