External Affairs Minister S Jaishankar on Tuesday said India is “betting on Africa’s rise” and the rebalancing and the multipolarity of the world will not be complete until the continent takes its due place.

Addressing the Nigeria-India Business Council (NIBC) here, the foreign minister said the rebalancing and reordering of a new global order will only happen when the core of it is economic, which is the rise of Africa has to be the economic rise of Africa.

“Now, that obviously presents choices, because it is very difficult to go up in the global order by being a market for others or just by being a provider of resources,” he said.

S Jaishankar said, “Africa is rising, and India is betting on Africa’s rise,” because, by any objective assessment, today there is “so much growing for Africa in terms of demography, in terms of resources, in terms of ambition, in terms of, increasingly, of policy alignments”. That clearly potent, a very different, much more positive future in the very short term, he said.