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Japan to Allocate $30Bln in Public, Private Investments to Africa Over Three Years, PM Says

© Flickr / Colin McMillenFlag of Japan
Flag of Japan - Sputnik Africa, 1920, 26.08.2023
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In late April and early May, Japanese Prime Minister Fumio Kishida traveled on an African tour to strengthen ties with the continent, visiting Egypt, Ghana, Kenya, and Mozambique.
Japan plans to allocate $30 billion in private and public investments to the African region over the next three years, Japanese Prime Minister Fumio Kishida said on Saturday, adding that his country aspires to become a partner that grows together with Africa.
Japan has fulfilled its commitment to support Africa's growth for 30 years and will continue to do so in the future, Kishida said in his opening remarks at an event marking the 30th anniversary of the Tokyo International Conference on African Development (TICAD).
Japanese Foreign Minister Fumio Kishida at a press conference following talks in the two plus two format with Russian Foreign Minister Sergei Lavrov and Russian Defense Minister Sergei Shoigu in Tokyo - Sputnik Africa, 1920, 02.05.2023
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TICAD was launched by the Japanese government in 1993 and has been co-hosted by the United Nations, the United Nations Development Program, the World Bank and the African Union Commission. The international forum focuses on the development needs of the African continent and promotes regional development, peace and security.
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