The India-Africa Forum Summit is an indication of the coming of age of India’s relations with African countries. While India’s relations with African countries are time tested and historical, nevertheless in recent years this affiliation has been revitalised. Booming trade is an indication of this change. Trade has grown from US$967 million in 1990-91 to $25 billion in 2006-07 (inclusive of oil imports). This transformed relationship is driven by a number of factors.

India is all set to woo Africa at the forthcoming India-Africa Summit on April 8, 2008 in New Delhi, reflecting the continent’s growing importance to Indian foreign policy in the 21st century. The Summit comes more than a year after China organised a similar event at Beijing in November 2006.

While commemorating 50 years of China's diplomatic ties with Africa, the China-Africa Summit, held on November 4-5, 2006 adopted a three-year action plan to deepen the existing political and economic links. This Summit, being one of the largest summits ever hosted in China's modern history, not only reflects the importance China places on its relations with Africa, but also clearly illustrates the value that the continent now attaches to this emerging Asian power vis-a-vis the West.

The two-day China-Africa Summit on November 4 and 5, 2006 in Beijing, coinciding with the 50th anniversary of the establishment of China-Africa diplomatic ties, created a new milestone in China's relationship with the African continent. Hailed as a new type of strategic partnership, this gathering of forty-eight African countries - the biggest ever since the founding of the People's Republic of China - was concluded by a declaration and an action plan for 2007-2009.

In the last month tensions had mounted in Nigeria's oil rich Delta region due to the kidnapping of four expatriate oil workers and attacks by militant youths at two oil flow stations at Bayelsa state, owned by the energy giant Shell. The violence caused a shock in the Delta. Shell had to evacuate 326 staff and contract workers from four remote oil facilities and shut down production of 211, 000 barrels per day in the western Delta region. This move had led to price increase in the already jumpy oil market.