Browsing: TICAD6 in Kenya

East Africa has been at a crossroads in its quest to industrialize, grasping at diverse straws of foreign aid inflows towards the realization of this endeavour.

Countries in the region have been looking West and East to fulfil their respective national developmental goals and finally lift their nations out of poverty. However, partnerships with the latter have swiftly gained momentum, and in tandem Asian countries have been positively responding to this call, with most having been in the same position decades ago. These Asian countries have experienced a robust economic revolution fueled by rapid industrialization.

Ties between Asia and East Africa, were cemented during the 1955 Asian-African Bandung conference held in Indonesia, originating from a shared colonial past.

Just why have East African countries been looking more to the East for support?

There are numerous reasons such as the non-interference policy that comes with aid, the untapped market for African …

Japan, through this meeting, targets to affirm the cooperation between Japan and African countries. The conference has been in place since 1993, co-hosted by United Nations(UN), United Nations Development Programme (UNDP), World Bank and African Union Commission (AUC).

TICAD8 will happen in the Republic of Tunisia, the second country in Africa to host the meeting after Kenya in 2016. During the TICAD6 meeting that was held at the Kenyatta International Convention Center in Nairobi, Kenya, Japan pledged to invest US$30 billion in Africa: US$10 billion in infrastructure growth, while an extra US$20 billion will be invested by Japan’s private sector.

In TICAD6, more than 6,000 people participated in the conference, including 22 presidents, two prime ministers, hosted by the Government of Kenya and co-organized by the Government of Japan, the United Nations Development Programme (UNDP), the World Bank, the African Union Commission (AUC) and the UN Office of the Special …