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The rise of china and India in Africa; From an economic perspective
huge deposits of gold, silver, copper, iron, uranium and diamonds .
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According to the CII-WTO report, on the whole trade between India

and Africa grew at 32.4 percent between 2005 and 2011.

In conditions of the major sell overseas partners, South Africa

features importantly, with trade calculation of more than $2 billion
for the period 2006/07 and accounting for 22 per cent of whole ex-

ports to Africa. This was followed by another four countries; Kenya
with $1.3 billion, Nigeria at $901 million and Egypt at $739 million

and Mauritius with $539 million. On the other side, Africa›s imports
to India are generally depending on prime supplies, and the oil ac-

counting for the biggest share, followed by gold and additional min-
eral commodities.

Through the period 2006/07, Nigeria was considered India’s

main import partner, accounting for around $7 billion or 47.6 per
cent of total imports from Africa. This was followed by South Africa

by $2.4 billion, Egypt by $1.7 billion and Algeria by $749 million
and Morocco by $491 million .
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Also, external FDI flows to Africa during 2000–07 amounted to
$2.96 billion, with an increase of 836 per cent compared with 1990–
99. Interestingly, the manufacturing sector has been amounted 56 per

cent of such FDI (chemicals, rubber, plastic and transport equipment

were the top sectors), followed by 32 per cent in the service industry,
with no more than 18 per cent in the raw materials primary sector.
Most of the FDI targeted towards the raw materials sort was in the

extractive area of natural gas and petroleum .
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