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Exim Bank, FICCI mark Africa-India Partnership Day in Ivory Coast

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Abidjan (Cote d’Ivoire): With preparations on for the upcoming Third India-Africa Forum Summit in October in New Delhi, an Africa-India Partnership Day was recently organised here jointly by the Export-Import Bank of India and industry chamber FICCI for sharing India’s developmental experiences with Africa, particularly on the public-private partnership model of financing infrastructure development.

Speaking on the occasion, Dinesh Sharma, additional secretary in India’s department of economic affairs, said that India has signed the protocol for replenishment of technical cooperation worth $9.52 million with the African Development Bank Group (AfDB) to show India’s commitment to the region.

Addressing the gathering, India’s Ambassador to Cote d’Ivoire (Ivory Coast) Dinesh Bhatia said: “India’s commitment is not just restricted to investment but also in the knowledge and skill development sphere through the Indian Technical and Economic Cooperation Program (ITEC).”

Under ITEC, the Indian government extends fully paid scholarships to participants in developing countries for studying a diverse range of subjects.

Kodeidja Diallo, director (Private Sector) African Development Bank, said a Project Development Company is to be launched in Africa to develop infrastructure projects in the continent.

India’s Exim Bank, in collaboration with the AfDB, is setting up a Project Development Company in Africa to identify and develop infrastructure projects with the aim of providing the Indian private sector an opportunity to invest in and implement such projects in Africa.

The PDC is expected to provide specialist project development expertise to take the infrastructure project from concept to commissioning. It will focus on infrastructure projects that have specific strategic interest to India.

The Exim Bank has also released a report documenting the manifold jump in trade in recent years between India and the West African regional grouping, the Economic Community of West African States (ECOWAS), whose members are Benin, Burkina Faso, Côte d’Ivoire, Mali, Niger, Senegal, Togo and Guinea-Bissa’.

India’s two-way trade with ECOWAS has seen a 12-fold increase from $1.9 billion in 2004 to $22.7 billion, the report, Enhancing Trade Relations with ECOWAS, says.

“While India’s total exports to ECOWAS have risen six-fold to $7 billion in 2013, India’s total imports from ECOWAS have risen 23-fold to $15.7 billion,” Exim Bank said.

“As a result, India’s trade balance with ECOWAS has turned negative in recent years, primarily due to the large and rising volume of crude petroleum imports,” the report added.

It placed India’s trade deficit with ECOWAS at $8.7 billion in 2013.

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Casino Days Reveal Internal Data on Most Popular Smartphones

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CasinoDays India

International online casino Casino Days has published a report sharing their internal data on what types and brands of devices are used to play on the platform by users from the South Asian region.

Such aggregate data analyses allow the operator to optimise their website for the brands and models of devices people are actually using.

The insights gained through the research also help Casino Days tailor their services based on the better understanding of their clients and their needs.

Desktops and Tablets Lose the Battle vs Mobile

The primary data samples analysed by Casino Days reveal that mobile connections dominate the market in South Asia and are responsible for a whopping 96.6% of gaming sessions, while computers and tablets have negligible shares of 2.9% and 0.5% respectively.

CasinoDays India

The authors of the study point out that historically, playing online casino was exclusively done on computers, and attribute thе major shift to mobile that has unfolded over time to the wide spread of cheaper smartphones and mobile data plans in South Asia.

“Some of the reasons behind this massive difference in device type are affordability, technical advantages, as well as cheaper and more obtainable internet plans for mobiles than those for computers,” the researchers comment.

Xiaomi and Vivo Outperform Samsung, Apple Way Down in Rankings

Chinese brands Xiaomi and Vivo were used by 21.9% and 20.79% of Casino Days players from South Asia respectively, and together with the positioned in third place with a 18.1% share South Korean brand Samsung dominate the market among real money gamers in the region.

 

CasinoDays India

Cupertino, California-based Apple is way down in seventh with a user share of just 2.29%, overshadowed by Chinese brands Realme (11.43%), OPPO (11.23%), and OnePlus (4.07%).

Huawei is at the very bottom of the chart with a tiny share just below the single percent mark, trailing behind mobile devices by Motorola, Google, and Infinix.

The data on actual phone usage provided by Casino Days, even though limited to the gaming parts of the population of South Asia, paints a different picture from global statistics on smartphone shipments by vendors.

Apple and Samsung have been sharing the worldwide lead for over a decade, while current regional leader Xiaomi secured their third position globally just a couple of years ago.

Striking Android Dominance among South Asian Real Money Gaming Communities

The shifted market share patterns of the world’s top smartphone brands in South Asia observed by the Casino Days research paper reveal a striking dominance of Android devices at the expense of iOS-powered phones.

On the global level, Android enjoys a comfortable lead with a sizable 68.79% share which grows to nearly 79% when we look at the whole continent of Asia. The data on South Asian real money gaming communities suggests that Android’s dominance grows even higher and is north of the 90% mark.

Among the major factors behind these figures, the authors of the study point to the relative affordability of and greater availability of Android devices in the region, especially when manufactured locally in countries like India and Vietnam.

“And, with influencers and tech reviews putting emphasis on Android devices, the choice of mobile phone brand and OS becomes easy; Android has a much wider range of products and caters to the Asian online casino market in ways that Apple can’t due to technical limitations,” the researchers add.

The far better integration achieved by Google Pay compared to its counterpart Apple Pay has also played a crucial role in shaping the existing smartphone market trends.

 

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