India-Africa Forum Summit IV to Shape Next Phase of Partnership: EAM Jaishankar
External Affairs Minister S. Jaishankar announced that India-Africa Forum Summit IV (IAFS-IV) will define the next chapter of India-Africa cooperation, with an emphasis on ambition, inclusivity, digital partnerships, and innovation. India reaffirms its support for Africa's increased global role, including in the G20 and UN Security Council. The Summit comes as India's Africa engagement deepens through lines of credit, capacity building, and tech partnerships. The announcement was made at an event coinciding with India's BRICS Presidency and growing South-South cooperation.
Key Facts & Details
7 points- 1EAM Jaishankar: India-Africa Forum Summit IV to shape next phase of partnership
- 2Focus on digital, innovation, capacity building, and inclusive development
- 3India supports Africa's increased role in G20 and UN Security Council
Deep Dive
- +IAFS-I was held in 2008; IAFS-II in 2011; IAFS-III in 2015 (all in New Delhi)
- +India extended $12 billion in lines of credit to Africa under IAFS-III commitments
- +India's trade with Africa crossed $100 billion in FY2022-23
- +African Union was admitted as a permanent G20 member at India's G20 Summit in 2023
Exam Focus
Likely MCQ: The African Union was admitted as G20 member during which country's presidency? → Answer: India (2023 New Delhi Summit)
Related Topics
Exam Relevance & Angle
International Relations: India-Africa ties, IAFS, and India's foreign policy in the Global South.
Target Exams
Background & Context
India-Africa Forum Summit (IAFS) is the apex platform for India-Africa relations:
- IAFS-I (2008): New Delhi — Laid foundation, focus on development aid
- IAFS-II (2011): New Delhi — Lines of credit commitments
- IAFS-III (2015): New Delhi — 54 African nations attended; India committed $10 billion in concessional loans + $600 million grant
- IAFS-IV: Upcoming — Focus on digital, innovation, South-South cooperation
India-Africa Economic ties:
- Bilateral trade: ~$100 billion (2022-23)
- India is Africa's 3rd largest trade partner
- 200+ Indian companies operate in Africa
- Major sectors: IT, pharma, infrastructure, telecom
African Union (AU) was admitted as a permanent G20 member at India's G20 New Delhi Summit in September 2023 — a major diplomatic success for India and the African Union under PM Modi's presidency.
India's development assistance to Africa includes concessional lines of credit (LoC) through EXIM Bank of India, capacity building through ITEC (Indian Technical and Economic Cooperation) programme, and digital partnerships through Digital Public Infrastructure (DPI).
Related GK Concepts
Must KnowTest Yourself
1 / 3The third India-Africa Forum Summit (IAFS-III) was held in which year?
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