Chindia in Africa

China in Africa:

Oil drilling -> Angola

State of the art hospitals -> Congo

Furniture selling -> South Africa

Football Stadiums -> Sierra Leone

Bi-lateral Trade -> 114.8 Billion U$(2010) (Africa's largest Trading Partner)

Beijing's business model in Africa involves building extensive infrastructure projects and granting loans in exchange for access to natural resources, trade opportunities and expansion into new markets.

India in Africa:

Tata Group, India's leading investor in Africa with operations in 11 countries,opened a vehicle assembly plant in South Africa(2011).

Bi-lateral Trade -> 1 Billion U$ (2001),50 Billion U$(2010),70 Billion U$ (2015 - Aim)

India-Africa Forum Summit 2011, the second since 2008, India announced a $5 Billion loans package to Africa as well as $700 million for new institutions and training programs.

India is keen to develop its expertise in information technology, medicine production and automobiles.

Energy from Africa / Why Africa ?

1.Within the next five years, perhaps India will need to import more than 200 million tons of coal, so its looking to diversify with presence in Africa, in Mozambique and other countries

2.According to the International Energy Agency, India, which currently relies on the Middle East for two-thirds of its oil, will have to import 90% of its petroleum by 2025.

3.India also has opportunity to access uranium across Africa for its civil nuclear program.

Con:

Difficulty in winning the oil battles against the wealthy, state-run Chinese energy giants.

Pro:

1.Diamond and coal diplomacy has been more successful

The re-opening of the Indian High Commission in Malawi and the opening of an Indian embassy in Namibia proves India's high interest in Africa but it also depends People of Africa and their co-operation.