Some 100 firms took part in the event on September 1-3.
"I strongly believe that India has vast experience in setting up of ICT infrastructure and the experience can be leveraged by the government as well as the private sector in African nations. To explore synergies on the ground, I have with me about 100 ICT companies from India participating in this event," Telecom Minister Manoj Sinha said in a statement.
"The event had more than 400 business to business meetings between Indian and African countries. It saw a very large number of business enquiries. There were already more than 10 MoUs and more than Rs 40 crore worth of business. In addition, there is demand for setting up of training centre and technology transfer," the statement said.
Business leaders from India, Kenya, Tanzania, Uganda, the UK, Israel, South Sudan, Rwanda, Mauritius and Commonwealth Telecom Organization participated in the event.
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The event for 2016 has been planned from October 3-5 in New Delhi and Bengaluru, respectively.
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