Question map
The TEAM-9 initiative is a techno-economic cooperation venture between India and eight countries of—
Explanation
The TEAM-9 (Techno-Economic Approach for Africa-India Movement) initiative was launched in 2004 as a regional cooperation venture between India and eight West African nations. The member countries include Burkina Faso, Chad, Côte d'Ivoire, Equatorial Guinea, Ghana, Guinea-Bissau, Mali, and Senegal. The initiative was designed to foster technological and economic cooperation through concessional credit facilities and project partnerships, particularly in sectors like agriculture, infrastructure, and energy. While India's engagement has since expanded to continent-wide platforms like the India-Africa Forum Summits (IAFS), TEAM-9 served as a foundational framework for deepening ties with the West African region. The initiative reflects India's strategic interest in securing energy resources and expanding export markets in West Africa, which includes major oil producers like Nigeria and Angola.
Sources
- [1] https://www.orfonline.org/research/presidents-visit-provides-a-fillip-to-india-africa-engagement-54289