Why India should lead Africa’s integration with the global economy
Free Trade Area (AfCFTA) continues, Africa remains geographically, logistically and economically fragmented. Bringing the AU into the G20 is an ideal first step towards strengthening both diplomatic and economic integration, and a giant leap forward in reinstalling multilateral trust.
The AU can make its voice heard not only on matters of geopolitical significance, but also on high-priority subjects ranging from climate finance and a just energy transition to the need for reforms in the Bretton Woods institutions, among others, which directly affect the continent’s interests. India's successful journey in driving socio-economic development for its citizens, especially through harnessing the power of digital technologies, presents a valuable blueprint that could be leveraged to empower African nations, fostering inclusive growth and sustainable progress across the continent.
India's approach to soft power is non-intrusive and based on partnership, which aligns well with the aspirations of African nations. These factors lay down the case for India being the ideal partner in Africa’s larger integration journey.
The creation of a dedicated Action Council on African Economic Integration under the Business20 (B20) engagement group by India’s 2023 presidency has been another noteworthy initiative. While encouraging the global business community to address the need and potential of Africa’s integration, this paves the way to strengthening the voice of Africa’s businesses on the global scene.
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