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29

Modi Woos African Leaders With Cheap Loans in Bid for Influence

By Tony Seruga

Modi announces new $10.6 billion in concessional loans, grants
Calls for cooperation on maritime security, climate change

Indian Prime Minister Narendra Modi doubled his nation’s development assistance to Africa, announcing $10.6 billion in cheap loans and grants to support healthcare, scholarships and clean energy on the continent.

“India and Africa must rise together,” Modi told dozens of African heads of state attending a summit in New Delhi on Thursday. He called for the two regions to join hands in combating climate change and terrorism, boosting maritime security, and reforming international institutions including the United Nations Security Council…

Modi Woos African Leaders With Cheap Loans in Bid for Influence

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