FOR INDIA, RISE OF AFRICA IS KEY TO GLOBAL REBALANCING

With many African countries battling debt distress, foreign minister S Jaishankar on Wednesday said that India believes in forging a development partnership with Africa that's based on the needs and priorities of its partners and that India is in the continent for the long-term, with a focus on promoting capabilities and creating capacities. India has so far extended concessional loans of over $12.4 billion to African countries.

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