$10 billion additional credit for Africa |
Indian Prime Minister Narendra Modi said that India and Africa must speak in one voice for reforms in international institutions like the UN Security Council.Earlier, addressing the India-Africa Forum Summit in New Delhi , he also took the opportunity to announce a credit of$10 billion to Africa, in addition to the ongoing credit programme. India will offer concessional credit of $10 billion over the next five years. Making common cause with African nations again, Modi said international institutions cannot be representative of the world if they do not give a place to India and Africa. This is a world of free nations and awakened aspirations. And its institutions cannot be representative of our world, if they do not give voice to Africa, with more than a quarter of UN members, or the world`s largest democracy with one-sixth of humanity. Modi also said development of human capital in every walk of life will be at the heart of India`s partnership with Africa.
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