Asia-Africa AgriBusiness Forum 2014

 An event highlighting the major contributions of agriculture sector in the economic development of African and Asian economies, Asia-Africa AgriBusiness Forum is all set to further strengthen the economic and agricultural ties between both these continents. The event organized from Feb 04-06, 2014, by FICCI in partnership with Government of India will prove to be a great platform for entrepreneurs of both the continents to have an open discussion and enhance their agribusiness linkages.

Africa and Asia are poised as the future food baskets of the world present immense opportunities for investment and many other countries worldwide eye these two continents for their food security concerns. Having its prime focus on the imperative sector, Agriculture which is affecting most of the economies directly or indirectly the event’s main intent is to highlight the extensive role of agriculture in the growth of African and Asian economy and to catch the huge potential for productivity enhancement, R&D infrastructure development, agri education, extension system and strengthening the value chain attempting to build more agribusiness linkages between both the continents.

The three day forum will entail various programmes and sessions including B2B meetings and exhibitions aiming to tap emerging export and import markets and motivate technology transfer. Collectively, Agriculture Ministers from Asian & African countries, senior industry leaders, policy makers, Government officials, multi-lateral organizations, regional economic blocs and major funding organizations will participate in an endeavor to further develop an improved framework for greater international cooperation in the flourishing sector.

THE TIMES OF AFRICA as Media Partner would be actively participating in the prompting discussion and would be drawing out a detailed coverage on the same in the magazine. The coverage will be highlighted as a Special report in the Jan-Feb’14 issue. It is our sincere endeavor to bring into limelight the forum’s earnest rationale and spread extensive awareness on the same.

– See more at: http://www.thetimesofafrica.com/node/320#sthash.O135zHPS.dpuf

Asia-Africa AgriBusiness Forum 2014

AAAFAn event highlighting the major contributions of agriculture sector in the economic development of African and Asian economies, Asia-Africa AgriBusiness Forum is all set to further strengthen the economic and agricultural ties between both these continents. The event organized from Feb 04-06, 2014, by FICCI in partnership with Government of India will prove to be a great platform for entrepreneurs of both the continents to have an open discussion and enhance their agribusiness linkages. – See more at: http://www.thetimesofafrica.com/node/320#sthash.psJfgwUx.dpuf

Honoring Indian Diaspora Contributions with Pravasi Bharatiya Divas

Pravasi-Bharatiya-DivasAn annual event celebrating the accomplishments of the Indian Diaspora, Pravasi Bharatiya Divas is yet again geared up to create a consciousness of Global Indian family by exploring business opportunities in India with a large number of foreign delegates in its 12th Edition from 7th to 9th January 2014 in New Delhi. – See more at: http://www.thetimesofafrica.com/node/295#sthash.Ad6tB2p8.dpuf

ONGC goes for stakes in African Gas Field

SLQOil and Natural Gas Corporation, India’s biggest oil explorer has prepared to invest in a deal to buy a 10% stake in an offshore gas field in Mozambique. ONGC has further strengthened relations with Africa by signing this second such deal in recent months. Recently ONGC along with Oil India signed a deal to buy 10% stake in the Rovuma Area 1 field in the nation itself. The deal was with Videocon Group for $2.48bn. Chairman of ONGC Videsh Limited (OVL), the firm’s unit which agreed the deal, Mr. Sudhir Vasudeva asserted that the gas field had the “potential to become one of the world’s largest LNG projects”.

 

Being said to be the “strategically located” field to supply liquefied natural gas (LNG) to India at a “competitive price”, the state-controlled firm will pay Anadarko Petroleum, a US firm, $2.6bn for the stake. Vasudeva further notes that the deal was a significant step “towards the energy security of our country”. India, Asia’s third largest economy relies massively on imports to meet its demand and in the coming years the demand is expected to rise, thus, firms like ONGC are looking forward to receive overseas assets to secure long-term supplies.

Niger signed LoC of $35million with EXIM Bank India

 “My visit to India aims at encouraging the businessmen from India to intervene more in Africa” said H.E. Mr. Amadou Boubacar Cisse, Minister of Planning of Niger in an exclusive interview to THE TIMES OF AFRICA. The country having its economy majorly based on agriculture is all groomed to secure and maintain a stable government with the transformation of the mining sector. The Minister is convinced that this transformation would surely improvise the basic infrastructure and development mainly in education and health center. – See more at: http://thetimesofafrica.com/node/190#sthash.4VL1FAIO.dpuf