For over twenty years, China has stood as one of Africa's main foreign investors, paying for roads, rail lines, ports, power stations, and mines across the region. Lately, however, a quiet change has begun. Some of India's richest people are growing their work in Africa, putting billions into areas like mining, mobile phones, factories, and clean energy.
This rise in Indian business comes from a growing need for important minerals, power sources, and new customers. Although India's funding style differs from China's government-backed approach, both countries see Africa as a key partner for long-term growth.
Indian billionaires expand across Africa
Many top Indian business groups have built a strong presence across the continent through acquisitions, investments, and long-term deals.
Through Airtel Africa, mobile billionaire leader Sunil Bharti Mittal runs one of Africa's biggest phone networks, reaching people across fourteen countries and boosting digital and money services.
