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- Organizations like the Japan International Cooperation Agency (JICA) have pioneered several African investment opportunities.
- Mitsui & Co Ltd has announced plans to resume constructing the multibillion-dollar Mozambique natural gas project.
- Toyota Tshusho covers automobiles, pharmaceuticals, beverages, and energy, employing over 22000 Africans.
Africa’s international relations are strengthening as the Japanese government seeks to shore up investment opportunities in Africa. The African Development Bank Group President Dr Akinwumi Adesina has been wooing investors from Japan to trade with Africa. His primary objective was to showcase the enormous investment opportunities within the continent that would improve its development in the long run.
The move comes even as Japan Prime Minister Fumio Kishida led his country’s charge with a tour of four critical economic points in Africa; Kenya, Egypt, Ghana and Mozambique.
A renewed Africa-Japan partnership confirmed by AfDB
The AfDB has been on a mission marketing various investment opportunities across African countries …