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Concept to Reality 1

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Concept to Reality 1

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AIEF

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Mr. Pierre Atepa Goudiaby - Chairman, Atepa Technologies

Mr. G. Rathinavelu – Managing Director, INMA International Ltd.

Padmabhushan Sri. Dr. A. Sivathanu Pillai - Father of Brahmos

Ambassador Mr. Shashank - Former Foreign Secretary

Mr. Tripurai Sharan - Bureaucrat

Mr. Hiren Bhanu - Economist

Mr. Ravi Kumar Joshi - Former Diplomat

Dr. Ajay K Dubey - Director & Professor, JNU

Mr. Anil Shinde - Technologist

J Thiruvarasan - Director, Century Apparels Private Ltd.

Mr. Adarsh Ramanujam - Advocate, Supreme Court

Mr. R. Kanchanavelu - Director, Tunnel Konnect India Pvt. Ltd.

The Force - AIEF

AIEF

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Contents

The Vision of AIEF

Genesis of AIEF

New Horizons with AIEF

Opportunities in Africa

India and Africa

Current status

Action plan

Conclusion

AIEF

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Vision of AIEF

AIEF aims to leverage Indian

experience and expertise for

promoting mutual economic

development among the MSMEs

of the Member Countries.

AIEF will uphold and promote

mutual trust and understanding

between the Members.

AIEF is an Organization formed to

serve as an Institutional Mechanism to

be a platform for the MSMEs to

promote trade, commerce and

investments between India and the 55

countries of Africa.

The scope of co-operation extends

from business associations,

Chambers of commerce and MSMEs

in India and Africa.

AIEF

G.Rathinavelu, Managing Director,

INMA International Limited strikes

friendship with Pierre Atepa Goudiaby,

World renowned architect and special

advisor to Government of Senegal.

Both friends commit to extend co-

operation at a national, supra-national

level

G.Rathinavelu, was appointed

Consultant, Government of Senegal,

Oct 2000, for the purpose of bringing in

Industrial culture and technology to

Senegal.

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Genesis of AIEF

G. Rathinavelu conceives the concept

of TEAM-9, a Techno Economic

Approach for Africa India Movement

bringing together India and select eight

West African nations.

AIEF

G. Rathinavelu shared the idea with

Presidents of select 8 West African countries

(Senegal, Mali, Burkina Faso, Chad, Cote

d’Ivoire, Equatorial Guinea, Ghana, Guinea

Bissau) during October 2002, who were

convinced of the concept.

The Ministry Of External Affairs (MEA).

Government of India, extends its

Cooperation and support for the

formation of TEAM-9 during Jan 2002.

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AIEF

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The Ministry of Commerce and Industry also extends assistance, cooperation and

support on the formation of TEAM-9 towards India’s Trade in African Countries

during Feb 2003.

MEA organized a meeting on economic and Commercial Opportunities through

TEAM-9 frame work during Oct 2003 and the participation from public and private

sector were very good.

AIEF

President of Senegal,H.E.Mr. Abdoulaye

Wade and other select West African

Presidents write to Prime Minister of

India on promoting TEAM-9 in June

2003 and the President of Senegal visits

India during Oct 2003.

The Heads of the States of the Member

Countries write to the Prime Minister of

India, expressing their willingness to be

Part of TEAM-9 during Oct 2003.

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AIEF

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A preparatory meeting at the Foreign Secretary level in the Foreign Ministry was held

in New Delhi in February 2004.

The Meeting of the Foreign Ministers of the eight countries with India was held in New

Delhi in March 2004, wherein a joint Memorandum of Understanding was signed and

India pledged concessional credit of USD 500 million for projects in TEAM-9 countries.

AIEF

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We are family of the view that TEAM-9 would go

a long way in integrating India and Africa. The

Ministry of External Affairs of the Government of

India would be happy to extend its cooperation

and support in your endeavour.

Ministry of External Affairs,

Govt. of India.

“ “

AIEF

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We assure you all assistance,

cooperation and support in your

endeavour on the formation of TEAM-9,

towards Promoting India’s trade in Africa

countries.

Ministry of Commerce & Industry,

Department of Commerce,

Govt. of India

““

AIEF

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I wish to place on record that it is your vision

coupled with sincere and dedicated efforts that

had lead to the success of the creation of this

exceptional concept of TEAM-09.

I wish to congratulate you and Mr. Pierre Gudiaby

Atepa for Standing as an example of teamwork

and a proof to the world that two individual can

bring regions of the world together.

Ministry of External Affairs,

Govt. of India.

““

AIEF

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Since its launch in March 2004. the Monvement

has gained laudable momentum in ushering in

fast paced economic development in the said

countries.

I am happy that young entrepreneurs like you

have brought together India and these West

African countries on one platform for techno-

economic cooperation with long term impact on

Indo-African ties in all spheres of life.

Atal Bihari Vajpayee

““

AIEF

Based on the experience and success of TEAM-9

during 2004 it was felt that there is a larger

potential for the MSMEs from India to contribute

for the development of Africa by aligning with the

MSMEs of Africa through the respective Chambers

of commerce and associations.

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AFRICA INDIA ECONOMIC FOUNDATION

Africa India Economic Foundation was formed to

promote and create interaction between the

MSMEs of India and Africa through their respective

Chambers of Commerce, so as to enable the

cooperation of MSMEs to contribute for the

economic development of Africa at large, as the

MSMEs are the backbone of every nation.

AIEF

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Leverage Indian technology, expertise and experience, and

provide know-how for Industrial, and Small scale development

to the African Countries

To increase the export potential and opportunities for

diversification for the MSMEs of India.

Provide training and aides as essentials to the technology

transfer programs

New Horizons with AIEF

AIEF

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Aid MSME Businesses in African countries to move up the

value chain using the expertise of Indian MSMEs in various

Industrial and Commercial fields.

Arrange for Concessional financing, credit lines for small

and medium scale entrepreneurs of the Member Countries

to collaborate with Indian MSMEs.

New Horizons with AIEF

AIEF

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1. INDUSTRIAL - Quality tools and Machinery are the Back bone of

the African Manufacturing industry and very important in sectors

such as turning, milling, grinding as well as sheet metal, laser.

Plasma cutting bending and presses.

2. DEFENSE - Africa is considered tomorrows growth market for the

defense industry. Demand is often for the cheapest, simplest

weapons.

3. AGRI BUSINESS - It is Africa’s untapped goldmine. with 60% of the

worlds uncultivated fertile arable land Realizing the potential, the

Governments of Africa are supporting agribusiness initiatives.

4. EDUCATION - Africa’s huge human resources are an

underexplored asset. Low cost education initiatives for African

countries are in demand.

Opportunities in AFRICA

AIEF

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5. HEALTHCARE - Secondary and Tertiary health care services have

high investment potential

6. SOLAR POWER - Solar energy is one of Africa’s abundant

resources. Currently over 600 million people in rural Africa have no

access to reliable power.

7. MOBILE PHONES & ACCESSORIES - Africa is one the fastest

growing market for mobiles, especially low cost smart phones.

8. RETAIL - A large and growing Middle class has made Africa one of

The largest growing retail markets. Both physical retail and

E-commerce retail have immense potential across the continent

AIEF

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9. INFRASTRUCTURE - Increasing urbanization and expanding middle

class has created a infrastructure boom in many countries.

10. START UP FINANCING - Across Africa start-up companies are

attracting venture capitalists, private equity and angel investors

with attractive high returns.

11. INTERNET ACCESS - World leaders like Google and Face Book

have already taken initiatives to connect Africa. There are huge

opportunities for downstream manufacturing and services.

12. OUTSOUCES BUSINESS PROCESS SERVICES - With increasing

numbers of jobless graduates opportunity for data

management, call center and customer care services

AIEF

INDIA has always shared a bond with African countries, and the

presence of the Indian Diaspora in many of these African countries has

played an important role in attracting Indian business opportunities in

these African Nations, as it facilitates cultural and business ties between

nations.

The strategy of Indian companies in Africa is both resource and market

seeking as these African countries have great potential for both forward

and backward integration.

Further green field investments are desirable due to their contribution to

creating new production capacity, employment and transfer of

technology.

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INDIA AND AFRICA

AIEF

The Indian trade and investment with Africa has been in existence since the

60’s, but was limited to some large Indian companies only.

The Indian private sector, especially the Micro, Small and Medium scale

industries (MSMEs) having new Indian technologies, experience and

expertise in various sectors such as industrial manufacturing, defense

production, education, health care, transportation, pharmaceuticals,

agricultural and various other industries have opportunities to have a

presence in Africa.

Further the experience and expertise of India in Information Technology, IT

enabled services and digital networking, can be greatly beneficial in the

development of the African nations.

The importance of the Indian Private sector to diversify the Indian Trade

basket with Africa is vital to meet the challenges of the growing influence of

other nations in Africa

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AIEF

Since India was able to bring successful reforms after her independence,

the conductor environment prevailing in the regulation of business in India

is more business friendly. Our achievements in the hi-tech fields of IT,

Industrial, Defense production and pharmaceuticals have given us a global

profile and the necessary confidence to challenge others.

Furthermore, India’s strong economic growth based on a solid foundation

of diversified agriculture, robust scientific, technological, industrial and

entrepreneurial capabilities and multi-faceted service sectors of India can

held in achieving progress leading to VIBRANT AFRICA.

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A Vibrant Africa

AIEF

The concept has been presented to the Government of India and after

several discussions, the Government has welcomed the concept of the

AIEF and a detailed proposal is to be submitted.

The concept has also been briefed to several Governments in Africa, who

have also welcomed the idea of formation of the AIBC for bringing in

closer cooperation between the MSMEs of India and Africa.

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Current Status

AIEF

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We are happy to inform that we have received an

encouraging confirmation letter from Ministry of

External Affairs, Government of India.

”“

AIEF

AIEF will enroll members from Micro Small and Medium enterprises,

Associations of MSMEs and Chambers of Commerce in both India and

Africa.

AIEF will form Africa India Business Centre which will be

headquartered in Mumbai with permanent Trade representatives from

all the 54 African nations.

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Action plan

AIEF

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The Primary aim of the Foundation is to increase the effective

partnership between the Indian and African MSMEs, encouraging

exchange of technology and Expertise that would help them to access

to the African market for their products and services and also diversify

the Indian MSMEs presence in Africa.

Conclusion

AIEF