India has decided to set up a project development company in Africa, Jaitley said in a speech to the event organised by Exim Bank. India's annual trade with Africa has grown to USD 72 billion but lags China's USD 200 billion.
Partnership to support 2030 Sustainable Development Goals ...
The civic body is also dedicating to the summit an 'India- Africa Friendship Rose Garden' on Shantipath, which will be inaugurated by External Affairs Minister Sushma Swaraj on October 25.
Representatives of 54 African nations including heads of state and government of around 40 countries and powerful African Union are expected to participate in the four-day India-Africa Summit beginning here on October 26.