← 17 October 2026's Current Affairs · Economy GA Prelims ★★★★☆ Mains ★★★☆☆
NTPC signs cooperation agreement with Africa50
Why in News?
NTPC signs cooperation agreement with Africa50
NTPC and Africa50 will jointly develop power projects and examine cross-border electricity trade.
Why it matters: factual, Prelims-type
What you need to know
2 min read
NTPC Limited signed a Cooperation Agreement with Africa50 in New Delhi on 15 October 2026 to jointly develop power projects and explore cross-border electricity trade.
Africa50 is an infrastructure investment platform promoted by the African Development Bank.
Sources: Topper IAS editorial (PIB / The Hindu / Indian Express)
Key facts
Remember these
- NTPC
- Africa50
- African Development Bank
- power projects
Prelims · Mains
How the exam will ask it
Prelims
- NTPC, Africa50, African Development Bank, power projects
Mains
Use as an example in GA answers (GS-II: International Relations; India-Africa).
Quick recall
Answer before you reveal
Africa50, with which India's NTPC signed a cooperation agreement, is an infrastructure investment platform promoted by which institution?
- African Union Commission
- African Development Bank
- Afreximbank
- New Development Bank
Show answer
Answer: B — The correct answer is the African Development Bank, which promoted Africa50 as a platform to finance infrastructure projects in Africa.
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