India to open an embassy in Togo, by 2021

Investments
Monday, 02 April 2018 14:00
India to open an embassy in Togo, by 2021

(Togo First) - World’s seventh largest economy, India, plans to open in Togo an embassy by 2021, to increase its diplomatic influence. Besides Togo’s, 17 other similar institutions are planned over the period. Other countries concerned include Burkina Faso, Cameroon, Cape Verde, Chad, Congo, Djibouti, Equatorial Guinea, Eritrea, Guinea, Guinea Bissau, Liberia, Mauritania, Rwanda, Sao Tomé & Principles, Sierra Leone, Somalia and Swaziland.

India, which should according to forecasts, become the fifth largest economy this year, beating France and UK, is looking for new outlets.

This is why it is showing more interest in Africa which has a great potential for resources and significant demographic growth rate. In fact, the continent could have the world’s largest population in a few decades.

New Delhi’s current objective is to “boost economic cooperation between India and Africa, and strengthen ties with Indian diaspora living in Africa”. Moreover, the country wants to catch up on China which is many steps ahead in Africa, by leveraging on its private sector.

India, which is the world’s second most populated country, with 2.5 million natives living in Africa, presently has 29 embassies across this continent.

Fiacre E. Kakpo

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