PM Modi's Ethiopia Visit: Paving Way for BRICS Leadership & Africa Engagement

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Moneycontrol•16-12-2025, 20:27
PM Modi's Ethiopia Visit: Paving Way for BRICS Leadership & Africa Engagement
- •PM Modi's first visit to Ethiopia in 15 years signals India's intent to deepen Africa engagement and reinforce Global South leadership.
- •The visit is crucial as India prepares to assume BRICS chairmanship in 2026, with Ethiopia being a new member whose inclusion India supported.
- •India is Ethiopia's second-largest trading partner, with over $5 billion in Indian investments and $1 billion in concessional finance.
- •Discussions covered agriculture, digital tech, defence, health, education, and renewable energy, including ISA projects.
- •The visit is part of India's broader Africa outreach, strengthening ties and coordinating on global issues like UN reforms.
Why It Matters: Modi's Ethiopia trip highlights India's strategic focus on Africa and BRICS leadership in the Global South.
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