Real Assets
Indian infrastructure firms are looking at an annual investment of USD 130-176 billion in Africa for infrastructure development, Afcons Managing Director S Paramasivan said on Wednesday. Addressing the 18th CII-EXIM Bank Conclave on India-Africa Growth Partnership, Paramasivan pointed out that there is a funding deficit to the tune of USD 60-160 billion on infrastructure development in Africa, and there is scope for further investment in multiple areas.