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India and Africa: Picking Up the Pace of Trade and Investment

On March 25 – 27 March 2015, the third annual meeting of The Growth Net will be held in New Delhi, India.  Convened by Smadja & Smadja and Ananta Centre, the event is a one-of-a-kind platform for companies from emerging economies to come together and discuss ways to “boost the business, trade, [and] financial linkages” amongst their respective countries, recent trends and developments in legal and regulatory frameworks, and other issues relevant to commercial success and economic development.  In particular, this year’s conference will examine how companies develop and nurture skills relevant to their sectors, how companies develop strategies that generate comparative advantages and economies of scale, and how investment decisions are reached in a timely manner in new environments. 

As part of The Growth Net’s focus on South-South cooperation, considerable attention is given to the African market and the role of companies from India seeking to enter or expand their presence there.  This focus is unsurprising.  A recent study found that India has the potential to quadruple its Africa-based revenue to $160 billion by 2025 through a focus on strategic sectors, such as information and communications technology, agriculture, infrastructure, pharmaceuticals and consumer goods.

Between now and the commencement of this year’s The Growth Net, Cov Africa will run a series of blogs that examines this India-Africa commercial nexus.  This series will highlight the most promising sectors in Africa for Indian companies and discuss the opportunities and challenges of entering one of the most dynamic regions of the global economy.

© 2017 Covington & Burling LLP

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About this Author

Witney Schneidman, International Attorney, Covington Law Firm
Senior International Adviser

Witney Schneidman is a senior international advisor for Africa.  Dr. Schneidman, a non-lawyer, has a deep understanding of many of the major African countries, as well as uniquely valuable insight into the recurrent challenges and opportunities across the continent.  He provides strategic advice on the varied political, economic, social and regulatory issues that are critical to companies’ success in Africa.  Dr. Schneidman’s work focuses on US-African relations, trade and investment in Sub-Saharan Africa, and issues related to economic growth and regional integration on the continent. ...

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