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    • Rand Merchant Bank (RMB) advises on R3 billion sale of BevCo to Varun Beverages in a landmark Indo-Africa deal
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Source: Rand Merchant Bank |

Rand Merchant Bank (RMB) advises on R3 billion sale of BevCo to Varun Beverages in a landmark Indo-Africa deal

BevCo, is one of the largest carbonated soft drinks producers in Southern Africa

India-listed Varun Beverages Limited (“VBL”), the largest PepsiCo bottler outside of the USA and China, entered into an agreement to acquire 100% of the shares in The Beverage Company Proprietary Limited (“BevCo”). RMB (www.RMB.co.za) acted as sole financial advisor to BevCo and selling shareholders, including a Private Equity Fund managed…

Ministry of External Affairs - Government of India
Source: Ministry of External Affairs - Government of India |

India-Democratic Republic of Congo Foreign Office Consultations

The bilateral trade between India and DRC is growing at a healthy rate and has increased from US$ 321 million in 2018-19 to US$ 845 million in 2022-23

The First Foreign Office Consultations (FOC) between India and Democratic Republic of Congo (DRC) was held on 10 April 2024 in New Delhi. The Indian side was led by Shri Sevala Naik Mude, Additional Secretary (Central & West Africa Division), Ministry of External Affairs and the DRC side was led…

Ministry of External Affairs - Government of India
Source: Ministry of External Affairs - Government of India |

India: Visit of Secretary (Economic Relations) to Rwanda, Uganda and Kenya

The visit by Secretary (ER) is a reaffirmation of India's commitment to further strengthen its ties of friendship with Rwanda, Uganda and Kenya and to maintain the momentum of high level contacts between India and countries in Africa

Shri Dammu Ravi, Secretary (Economic Relations) in the Ministry of External Affairs, will pay a visit to Rwanda, Uganda and Kenya from April 7-12, 2024. He will be accompanied by AS(E&SA), Shri Puneet R. Kundal. 2. In Rwanda, Secretary (ER) will represent the Government of India, in the event marking…

Freedom of Mobility Forum
Source: Freedom of Mobility Forum |

New YouGov Survey Results Unveiled Today during Freedom of Mobility Forum

1 in 4 Global Citizens are not Ready to Make Eco-Friendly Transportation Choices

Results show that less than 10% of respondents have started making profound changes in transportation options; people in rural areas and older age groups are less interested in change; Over one-third of respondents believe that lawmakers and citizens have the biggest influence in driving change; YouGov survey results unveiled today during the…

Ministry of External Affairs - Government of India
Source: Ministry of External Affairs - Government of India |

Shri Dinkar Asthana concurrently accredited as the next High Commissioner of India to the Republic of the Gambia

He is expected to take up the assignment shortly

Shri Dinkar Asthana (IFS: 1990), presently Ambassador of India to the Republic of Senegal, has been concurrently accredited as the next High Commissioner of India to the Republic of The Gambia, with residence in Dakar. He is expected to take up the assignment shortly.

Ministry of External Affairs - Government of India
Source: Ministry of External Affairs - Government of India |

Envoys of five Nations Present Credentials to the President of India

Those who presented their credentials were H.E. Mr Josel Francisco Ignacio, Ambassador of the Republic of Philippines

The President of India, Smt Droupadi Murmu accepted credentials from the Ambassadors/High Commissioner of Philippines, Uzbekistan, Belarus, Kenya and Georgia at a ceremony held at Rashtrapati Bhavan today (March 27, 2024). Those who presented their credentials were: 1. H.E. Mr Josel Francisco Ignacio, Ambassador of the Republic of Philippines 2.…

Ministry of External Affairs - Government of India
Source: Ministry of External Affairs - Government of India |

1st India – Mauritania Foreign Office Consultations (FOC)

The bilateral trade between India and Mauritania has grown steadily during the last three years and it reached US$ 378.24 Mn during 2022-23, from US$ 108.91 Mn in 2021-22

​The 1st Foreign Office Consultations (FOC) between India and Mauritania was held in Nouakchott on 21 March 2024, co-chaired by Shri Sevala Naik Mude, Additional Secretary (Central & West Africa), Ministry of External Affairs from Indian side and Mr. Mohammed El Hanchi KETTAB, Ambassador, Director General of Bilateral Cooperation, Ministry…

The Republic of Uganda - Ministry of Foreign Affairs
Source: The Republic of Uganda - Ministry of Foreign Affairs |

Working Visit to Uganda of Ms. Suja K. Memon, Joint Secretary and Director for Credit Lines at The Ministry of External Affairs, India

The delegation visited the Bujagali power site where they were received and briefed by UETCL Projects Engineer, David Kabwama and by Mr. Martin Tumuhereza from the Ministry of Agriculture

The Joint Secretary /Director General for the Ministry of External Affairs of India in charge of Lines of Credit, Ms. Suja K. Menon has concluded a three-day working visit to Uganda. Speaking at the India High Commission Official Residence in Kololo, the Indian High Commissioner, H.E Upender Singh Rawat said…