{"id":429532,"date":"2011-05-24T17:49:50","date_gmt":"2011-05-24T17:49:50","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/"},"modified":"2011-05-24T17:49:50","modified_gmt":"2011-05-24T17:49:50","slug":"india-unveils-5b-credit-to-africa","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/","title":{"rendered":"India unveils $5b credit to Africa"},"content":{"rendered":"
\n

You Are Here: Home<\/a> \u00bb Africa\/International<\/a> \u00bb India unveils $5b credit to Africa<\/p>\n

\n

Page last updated at Tuesday, May 24, 2011 17:17 PM \/\/ <\/span><\/div>\n

\"\"<\/a><\/p>\n

Dr. Singh<\/p>\n<\/div>\n

The Prime Minister of India, Dr Manmohan Singh announced a fresh $5 billion line of credit to Africa over the next three years to meet its development goals, India\u2019s official website says.<\/p>\n

According to the website, Dr Singh who was addressing the plenary session of the Second India Africa Summit at Addis Ababa in Ethiopia on May 24, 2011, said an additional $700 million will be offered to establish new institutions and training programmes in consultation with the African Union (AU).<\/p>\n

The Prime Minister said a number of infrastructural projects and capacity building programmes will kick start to help the people on the continent.<\/p>\n

India will also support Africa\u2019s educational sector which Dr Singh said. He revealed that an India- Africa Virtual university will be set up and 10,000 scholarships will be available for African students.<\/p>\n

It also have plans to expand\u00a0 the India-Africa Institute of Information Technology (IITA), known as the Kofi Annan ICT Centre in Ghana.<\/p>\n

Two industrial clusters in food processing and textile will come up to ramp up the industrial sector in the region, the Prime Minister said.<\/p>\n

To ensure peace and security in the region, India will contribute $2 million for the African union\u2019s mission in Somalia, the India\u2019s state official website said .<\/p>\n

According to the BBC, India\u2019s commerce with Africa is worth $40billion a year.<\/p>\n

Last year, India\u2019s imports from Africa were worth $20.7 billion, compared with $18.7 billion the previous year, and its exports stood at $10.3 billion the same year, the AFP newswire says.<\/p>\n

The AFP noted that India\u2019s investment in Africa is mainly in the private sector, notably in telecommunications, pharmaceuticals and manufacturing.<\/p>\n

By Ekow Quandzie<\/p>\n\n

| | Tweet This!<\/a> | <\/p>\n\n

Comments<\/h4>\n<\/div>\n

Read more:
\nIndia unveils $5b credit to Africa<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

You Are Here: Home \u00bb Africa\/International \u00bb India unveils $5b credit to Africa Page last updated at Tuesday, May 24, 2011 17:17 PM \/\/ Dr. <\/p>\n","protected":false},"author":0,"featured_media":397860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-429532","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"\nIndia unveils $5b credit to Africa - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"India unveils $5b credit to Africa - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"You Are Here: Home \u00bb Africa\/International \u00bb India unveils $5b credit to Africa Page last updated at Tuesday, May 24, 2011 17:17 PM \/\/ Dr.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"India unveils $5b credit to Africa\",\"datePublished\":\"2011-05-24T17:49:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/\"},\"wordCount\":311,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/\",\"name\":\"India unveils $5b credit to Africa - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2011-05-24T17:49:50+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"India unveils $5b credit to Africa - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/","twitter_card":"summary_large_image","twitter_title":"India unveils $5b credit to Africa - Ghanamma.com","twitter_description":"You Are Here: Home \u00bb Africa\/International \u00bb India unveils $5b credit to Africa Page last updated at Tuesday, May 24, 2011 17:17 PM \/\/ Dr.","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/"},"author":{"name":"","@id":""},"headline":"India unveils $5b credit to Africa","datePublished":"2011-05-24T17:49:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/"},"wordCount":311,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#primaryimage"},"thumbnailUrl":"","articleSection":["Local News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/","url":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/","name":"India unveils $5b credit to Africa - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#primaryimage"},"thumbnailUrl":"","datePublished":"2011-05-24T17:49:50+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/05\/24\/india-unveils-5b-credit-to-africa\/#primaryimage","url":"","contentUrl":""},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/429532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=429532"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/429532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/397860"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=429532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=429532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=429532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}