#WATCH | Delhi: Speaking at Africa Day event, EAM Dr S Jaishankar says, "The theme for Africa Day 2026 is 'Africa, a land of rich culture and opportunities.' And this truly captures the dynamism of the continent today. India is proud to be one of Africa's largest trade and investment partners. Our bilateral trade stood at USD 93 billion last year. Similarly, India has emerged as one of the top investors in Africa, with cumulative investments exceeding USD 80 billion. And these are spread across a varied set of sectors, from telecom, energy, pharmaceuticals, infrastructure, agriculture, and digital services."
He adds, "India stands for an inclusive, demand-driven development cooperation with Africa that enhances local capacity to support national priorities. To this end, I recognize today that the Government of India has extended 190 lines of credit, exceeding USD 10 billion, for projects in over 40 countries of Africa. So far, more than 220 projects worth USD 4.5 billion have been successfully completed. Many others are in the pipeline. Further, since 2015, India has also extended USD 700 million worth of grant assistance to African countries for infrastructure projects, medical aid, HADR support, and other such activities. One of them, which we are particularly proud of, is the fitting of artificial limbs, particularly in conflict areas. "