May 13, 2026
Headlines

Global South

India Strengthens Strategic and Economic Ties with Africa at 4th Summit

India Strengthens Strategic and Economic Ties with Africa at 4th Summit

Business News Desk02 mins mins

New Delhi is set to intensify its diplomatic and economic engagement with the African continent during the upcoming 4th India-Africa Summit, aimed at fostering deeper strategic cooperation. As global powers compete for influence, India is leveraging its historical ties and emerging economic clout to solidify a partnership that has seen cumulative investments reach approximately $80…

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India and Nigeria Move Toward Local Currency Settlement to Bolster Bilateral Trade

India and Nigeria Move Toward Local Currency Settlement to Bolster Bilateral Trade

Business News Desk03 mins mins

Strategic Economic Integration India and Nigeria are in the final stages of negotiating a Local Currency Settlement System (LCSS) agreement, a move designed to facilitate direct trade in their respective national currencies. The proposed framework, discussed by officials in both New Delhi and Abuja, aims to reduce reliance on third-party currencies like the U.S. dollar,…

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