India-Africa trade, which stood barely at US $5 billion a decade ago, by 2014, bilateral trade is anticipated to climb to more than $75 billion and is expected to reach $100 billion by 2015.
India is currently the 4th largest trading partner of Africa and largest trade partner of Nigeria, Angola, East Africa, South Africa and Egypt.
Despite the multifold increase, India is still playing to catch up to the US $200 billion China-Africa trade. With the numerous opportunities that ‘Rising Africa’ offers, it is hi-time that Indian Business community should seriously start thinking about
investing in Africa in a big way.