Vol 3 (AAC) No 9 | INDIATELECOMS Manoj Kohli 20th July 2010 Chief Executive Officer (International Operations), Bharti Airtel Bharti Airtel, India's largest mobile services company, at last acquired long-coveted African assets when it completed the purchase of Zain's Africa operations for US$10.7 billio...
Vol 3 (AAC) No 8 | ETHIOPIAINDIA Fertile fields for India 17th June 2010 The Addis government shows scant regard for the potential local impact of massive Indian investment in floriculture and biofuels Ethiopia is renowned more for its famines than for its fertile fields but land leasing has become a burgeoning business in some of the most unlikely locations. Vast swathes of ar...
Vol 3 (AAC) No 8 | MAURITIUSINDIA Taxing times 17th June 2010 Port Louis suspends six forex companies as talks resume on the tax treaty that allows Indian companies to launder illicit funds India’s Finance Minister Pranab Mukherjee is sending a team of senior officials to resume the difficult negotiations with Mauritius to resolve the lingering stand-off over the 19...
Vol 3 (AAC) No 8 | INDIA S.M. Krishna 17th June 2010 Minister for External Affairs, India After the resignation of New Delhi’s point man on Africa, Shashi Tharoor, in May, External Affairs Minister S.M. Krishna is taking an even more hands-on role in the cultivation o...
Vol 3 (AAC) No 7 | MAURITIUSINDIA Round-trips and hot money 20th May 2010 Indian companies are routing tens of billions of dollars through Mauritius each year in a giant tax avoidance scheme India is changing its tax laws in a bid to introduce greater transparency into its financial transactions with Mauritius. The aim is to stem ‘round-tripping’ of funds by politici...
Vol 3 (AAC) No 7 | MAURITIUSINDIA Tweeting Tharoor and the cricket controversy 20th May 2010 Minister of State for External Affairs for Africa Shashi Tharoor considered himself a modern diplomat for his embracing of the internet messaging website Twitter. Yet his tweets fr...
Vol 3 (AAC) No 7 | INDIA Ajai Chowdhry 20th May 2010 Chairman, HCL Infosystems Lessons from India’s rise can be fruitfully applied to Africa – another group of a billion or so people: this was the message Ajai Chowdhry brought to Tanzania. Chowdhry co-chaired...
Vol 3 (AAC) No 6 | INDIAAFRICA Wanted: special partners 22nd April 2010 Delhi offers cooperation, capacity building and, of course, cash in the unspoken competition with China for African hearts, minds and resources India plans to increase its annual trade with Africa to US$70 billion – up from current levels of $45 bn. – over the next five years. That is an exponential increase from the $5.2 ...
Vol 3 (AAC) No 6 | INDIAAFRICA For Punjabi farmers, an African frontier 22nd April 2010 African missions from Ethiopia, Mozambique, Tanzania, Uganda and Zimbabwe were invited to a conference in Patiala in Punjab on 26-27 March with farmers from all over the region to ...
Vol 3 (AAC) No 5 | ALGERIACHINAINDIA East-West Highway to trouble 15th March 2010 Political rivalries in Algiers deepen as Chinese companies are named in an anti-corruption probe into Africa’s biggest road project State prosecutors have ordered more arrests this month, as investigations intensify into the Chinese companies and European middlemen dealing with Algeria’s US$12 billion East-West...