Key Points

India has pledged $200 million in defence credit to Angola for modernizing its armed forces during President Joao Lourenco's visit. PM Modi highlighted shared Soviet-era equipment maintenance needs and expanded cooperation in energy, digital infrastructure, and counter-terrorism. The visit marks 40 years of diplomatic ties, with Angola being a key oil supplier to India. Both nations aim to deepen Africa-India partnerships through youth exchanges and joint initiatives like the International Solar Alliance.

Key Points: India Offers Angola $200M Defence Credit for Military Modernization

  • India extends defence credit for Angola's Soviet-era equipment upgrades
  • Focus on training, repairs, and joint military cooperation
  • Strengthens energy and digital infrastructure ties
  • Marks 40 years of diplomatic relations
4 min read

India announces $200 million defence credit line for modernization of Angola's armed forces

PM Modi announces defence credit line for Angola, boosting military cooperation and India-Africa ties during President Lourenco's historic visit.

"I am pleased to announce the approval of a $200 million defence credit line for the modernization of Angola's armed forces. – PM Narendra Modi"

New Delhi, May 4

India and Angola have decided to boost their defence cooperation with Prime Minister Narendra Modi offering $200 million worth of lines of credit in defence sector during the visit of Angolan President Joao Manuel Goncalves Lourenco.

Briefing reporters about the visit, Secretary (Economic Relations), Dammu Ravi said defence is another area of cooperation that has attracted a lot of attention.

"During this visit, the Prime Minister has offered 200 million dollars worth of lines of credit, defence line of credit in Indian rupees. They will be sourcing defence equipment from India. Already they are in touch with the private companies and also public sector companies for various items to be sourced from India," he said.

"Important aspect is there is a commonality. They have a large number of Soviet equipment, defence equipment, which needs to be serviced, overhauled, and do the maintenance. So in the days to come, both sides will be engaging, expert-level interactions as to how to take forward this particular cooperation," he added.

PM Modi held delegation-level talks with the visiting leader.

In his remarks during the press statements, PM Modi said it is a historic moment and that President of Angola is visiting India after 38 years.

"His visit is not only giving a new direction and momentum to India-Angola ties, but also strengthening India-Africa partnership.This year, India and Angola are celebrating the 40th anniversary of their diplomatic relations. But our ties are much older and deeper than that. When Angola was fighting for its freedom, India stood by it with unwavering faith and friendship," PM Modi said.

"Today, we have close cooperation in various sectors. India is one of the largest buyers of Angola's oil and gas. We have decided to expand our energy partnership. I am pleased to announce the approval of a $200 million defence credit line for the modernization of Angola's armed forces. We have also discussed the repair and overhaul of defence platforms and supplies. India would be glad to cooperate in the training of Angola's armed forces," he added.

PM Modi said India will share its capabilities with Angola in Digital Public Infrastructure, Space Technology, and Capacity Building.

"Today we have also decided to further strengthen our relations in the sectors of Healthcare, Diamond processing, fertilizer and Critical minerals. The popularity of Yoga and Bollywood in Angola reflects the deep cultural connection between our two countries. To strengthen our people-to-people relations, we have decided to start a Youth Exchange Programme among our youth," PM Modi said.

He said India welcomes Angola's decision to join the International Solar Alliance.

"We have also invited Angola to join India's initiatives Coalition for Disaster Resilient Infrastructure, Big Cat Alliance and Global Biofuels Alliance," PM Modi said. He said both agree that terrorism is the biggest threat to humanity.

"I thanked President Lourenco and the people of Angola for their condolences on the loss of lives in the terrorist attack in Pahalgam. We are committed to take firm and decisive action against the terrorists and those who support them. We thank Angola for their support in our fight against cross-border terrorism," he said.

PM Modi extended his best wishes to Angola for its chairmanship of the African Union.

"It is a matter of great pride for us that the African Union was granted permanent membership of the G20, during India's G20 presidency. India and African countries raised their voices in unison against colonial rule, inspiring one another in the process. Today, we stand united in advocating for the interests, hopes, expectations, and aspirations of the Global South," he said.

"Our cooperation with African countries has gained momentum in the last decade. Our mutual trade has reached nearly $100 billion. There has been progress on defence cooperation and maritime security," he said.

Last month, the first naval maritime exercise between India and Africa, "AIKEYME" was conducted.

PM Modi said that over the past decade, India has established 17 new embassies across Africa.

"Credit lines worth more than $12 billion have been allocated for Africa. Apart from this, grant assistance of $700 million has been given to African countries. Vocational training centres have been opened in 8 African countries. We are collaborating with five African countries in the development of Digital Public Infrastructure. In times of disaster, we have been privileged to serve as 'First Responders', standing shoulder to shoulder with the people of Africa," PM Modi said.

"India and the African Union are partners in progress. We are pillars of the Global South. I am confident that under Angola's leadership, the relationship between India and the African Union will reach new heights," he added.

- ANI

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Reader Comments

Here are 6 diverse Indian perspective comments for the article:
R
Rajesh K.
This is a strategic masterstroke by India! 🇮🇳 Strengthening ties with African nations while promoting our defence exports is win-win. Angola has natural resources we need, and we have the technology they require. More such partnerships will make India a global defence hub.
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Priya M.
While I appreciate the diplomatic move, I hope we're not neglecting our own defence needs. The ₹1600 crore could have been used to modernize our border infrastructure with China. Africa is important, but our immediate security concerns should come first.
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Amit S.
Great to see India expanding its footprint in Africa! The youth exchange program and digital infrastructure cooperation are brilliant ideas. Soft power through Bollywood and yoga is working wonders - this is how we counter Chinese influence in the continent.
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Sunita R.
The defence credit is good, but I'm more excited about the energy partnership! Angola has oil and we need stable supplies. With so much uncertainty in Middle East, diversifying our energy sources is crucial. Hope we get good terms on the oil deals 🤞
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Vikram J.
Interesting that Angola uses Soviet-era equipment - perfect for our defence PSUs to showcase their upgrade capabilities. This could open doors to similar deals in other African nations. Make in India getting global recognition! 💪
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Neha T.
The cultural connections mentioned are heartwarming ❤️ Yoga and Bollywood truly unite people across continents. The youth exchange program will create lasting bonds. More than defence, these people-to-people ties will be our strongest diplomatic asset in the long run.

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