By NNN-PTI
New Delhi : Ready to share their natural resources, African countries today sought greater Indian investments, particularly from the private sector, to boost economic growth in the continent.
Addressing the first-ever India-Africa Forum Summit here, leaders and Heads of State from the African continent said they were open to private investments.
“Africa needs to meet fundamental needs of its population by building schools, providing housing and generating employment,” Joseph Kabila Kabange, President of the Democratic Republic of Congo, said.
In an apparent reference to the international attention to the natural resources-rich continent, he said Africa needed “concrete action” and not mere assurances for developing the region.
“Words, speeches and promises have remained mere words, we need immediate visible projects,” he said.
Ugandan President Yoweri Museveni said most African countries have rectified their age-old mistake of rejecting private investments and had also learnt to put up a joint front in dealing with trade issues.
He sought Indian investments and technologies to develop the infrastructure in Africa, particularly in the field of railways and power generation.
Speaking about food security, he said while the world was facing acute shortage of food grains, his country has the commodity in ample quantity.