♤ India had committed $7.4 billion in concessional credit and $1.2 billion in grant since the first India-Africa Summit in 2008, and creating:

o 100 capacity-building institutions, and developing infrastructure,

o public transport

o clean energy,

o irrigation, agriculture and

o manufacturing capacity across Africa.

♤ These are significant as resources available from traditional donors belonging to the OECD and from multilateral financial institutions are diminishing precisely at a time when the current United Nations session has adopted ambitious Sustainable Development Goals (SDG) .

♤ Whether or not SDGs are successfully achieved will critically depend upon what path countries like India and those in Africa take as they grow their economies.