US EditionMozambique: Willing to Boost Investment in Mozambique
Prime Minister Shigeru Ishiba pledged to support infrastructure growth in Africa's Nacala Corridor, fostering economic development through investment instead of aid, with over 300 cooperation documents signed.
6 Articles
6 Articles
Japan commits $5.5B in loans to Africa at major summit
Japan committed $5.5 billion in loans to Africa this week, positioning itself as a reliable partner at a time when the US and UK governments have made huge cuts to foreign aid.The new funding package was announced during the country’s flagship conference promoting development on the continent, a forum attended by more than two dozen African presidents and heads of state or their high-level representatives. Japanese Prime Minister Shigeru Ishiba …
Japan Prime Minister Stresses Shift to Investment in Africa, Vows to Assist Development of Nacala Corridor in South
Prime Minister Shigeru Ishiba emphasized the shift from aid to investment in relations with Africa, at the Public-Private Business Dialogue held at the Ninth Tokyo International Conference on African Development (TICAD 9) on Thursday in Yokohama.
Jointly organised by ATIDI, MUGG and NEXI, the meeting was held on the theme "Stimulating Japanese private sector investment in Africa" The discussions highlighted Africa's ability to attract investment and the growing momentum for strategic and effective cooperation between Japan and Africa. The event was also an opportunity to analyse the Safaricom Telecommunications Ethiopia Plc project, the largest foreign direct investment (FDI) in Ethiopia…
The Japanese Prime Minister offered a reception
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