Africa India Economic Foundation (AIEF) is an Institutional Mechanism established to integrate and promote knowledge, technology, industry, trade, commerce and investments between the private sectors and MSMEs (Micro, Small and Medium Enterprises) of India and countries of Africa, with a focus on social development.
AIEF is a secure platform for the Indian and African entrepreneurs to collaborate and create mutually sustainable and beneficial businesses in Africa and India. AIEF, through its network, will develop business-to-business interactions and enable successful partnerships to promote cross-border international business synergies.
AIEF is a nodal organisation for entrepreneurs, providing a single window platform for identifying reliable and trusted business opportunities along with verified partners in Africa and India.
The success of TEAM-9 (Techno-Economic Approach for Africa-India Movement) initiative gave birth to the creation of AIEF-Africa India Economic Foundation.
AIEF will work towards enhancing economic cooperation between businesses of both region by
To promote and develop scientific and technological advancements in Africa, through transfer of proven Indian technologies and relevant know-how to create a self-developing and self-sustaining mechanism thereby leading to mutual trust, understanding and appreciation of each other’s techno-economic solutions.
To realise AIEF’s Mission of connecting businesses of Africa and India in a mutually sustainable manner, by setting up the Africa India Business Centre in Mumbai, India. This initiative has been supported by the African Union and the Government of India. This will further cement the historic economic and cultural relationship between India and Africa.
The Business Centre will be an exclusive iconic complex, to promote and strengthen the Business cooperation between the public and private sectors, primarily the MSMEs in India and Africa.
AIEF addresses the following Critical areas for sustainable growth of Private Sector & MSMEs across Africa and India