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PTI
Prime Minister Manmohan Singh with Chairperson of AU Commission, Jean Ping during a bilateral meeting in Ethiopia on Monday.
PTI
Prime Minister Manmohan Singh with Chairperson of AU Commission, Jean Ping during a bilateral meeting in Ethiopia on Monday.
Prime Minister Manmohan Singh on Tuesday announced a mammoth five-billion-dollar credit to Africa for various development projects, reflecting India’s growing ties with the resource-rich continent.
Dr. Singh also declared an additional $700 million package to establish new institutions and training programmes across the continent, besides $300 million for a new Ethio-Djibouti railway line in Ethiopia.
“We will offer 5 billion US dollars for the next three years under lines of credit to help Africa achieve its development goals,” Dr. Singh said addressing the second Africa-India Forum summit here.
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