Indian Company

Target Company

Host Country

Sector

Value (US $ million)

Deal Type

Year

Crain India

PetroSA

South Africa

Energy

60% in Oil and Gas Block

Acquisition

2012

Tata Chemicals

Greenfield

Gabon

Chemicals/Fertilizer

290

Acquisition

2011

Micro Technologies

Subsidiaries

South Africa, Ethiopia

IT-enables services

NA

-

2011

Bhanti Airtel

Zain Africa BV

Africa-wide

Telecom

10,700

Acquisition

2010

Essar Africa Holdings

Zimbabwe Iron and Steel Company

Zimbabwe

Metals and Ores

750

Acquisition

2010

Bharat Heavy Chemicals Ltd

Greenfield

Multi-Country

Energy

2000

Acquisition

2010

Essar Group

Econet Wireless Holdings

Kenya

Telecom

450

Acquisition

2009

Vedarca

Konkola Copper Mines

Zambia

Metals & Ores

700

Acquisition

2004-ongoing