Point by point analysis of PM Modi speech at India-Africa Forum Summit,Oct 29 ,2015 New Delhi , as regards economic cooperation.  

PM Modi : Two-thirds of India and two-thirds of Africa is under the age of 35 years. And, if the future belongs to the youth, then this century is ours to shape and build.

PC analysis: He has a point. The key is China , which has been very aggressive on Africa business opportunities, is ageing, giving India advantage.

PM Modi : Four hundred thousand new businesses were registered in Africa in 2013; and, mobile telephone now reaches 95% of the population in many places. We will work to reduce digital divide within Africa and between Africa and rest of the world.   

PC analysis: Bharti Airtel made inroads into Africa, but is struggling as experience does not seem to be as rewarding as expected

PM Modi: Africa is now joining the global mainstream of innovation. The mobile banking of M-Pesa, the healthcare innovation of MedAfrica, or the agriculture innovation of AgriManagr and Kilimo Salama, are using mobile and digital technology to transform lives in Africa. 

PC analysis: Surely, these are areas, India must engage with Africa, especially in healthcare as India has already made big strides as a major supplier of affordable pharmaceutical products

PM Modi:Today, Africa and India are two bright spots of hope and opportunities in the global economy. In less than a decade, our trade has more than doubled to over 70 billion dollars. India is now a major source of business investments in Africa. Today, 34 African countries enjoy duty free access to the Indian market. 

PC analysis: True , but it is not as if troubles in China, Europe and Japan are of benefit to us both. The entire world gets affected if major economies like China , US or EU slow down. So, this bright sport and sweet spot things should not be stretched.    

PM Modi : When we meet at Nairobi Ministerial of the WTO in December, we must ensure that the Doha Development Agenda of 2001 is not closed without achieving these fundamental objectives. 
We should also achieve a permanent solution on public stockholding for food security and special safeguard mechanism in agriculture for the developing countries.   

PC analysis: Traditionally India and Africa have worked together in WTO Ministerial Meetings, excepting that some of them become vulnerable to pressures from the developed world when it comes crunch. 

Pic courtesy: PIB