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AfDB meeting in India will help boost investments

AfDB meeting in India will help boost investments

Monday, April 3, 2017, 8:25 AM

After China, the African Development Bank's (AfDB) annual meet is moving to Ahmedabad as India seeks to court countries from the continent where its neighbor has been investing heavily. PM Narendra Modi had announced a $10 billion line of credit for African countries and they have begun tapping into it. India in contrast is banking on trade and diaspora to boost its presence.
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