Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8).…
Africa Investment Conference: Japan pledges $30billion to Africa’s Development
The Prime Minister of Japan, Fumio Kishida, today pledged $30 billion over three years for Africa in a virtual address to a development conference in Tunis aiming to counter China’s growing continental influence. The eighth Tokyo International Conference on African Development…
AFDB: Private sector investment in Africa’s infrastructure was $19bn
Mr Solomon Quaynor, AfDB Vice President for Private Sector, Infrastructure and Industrialisation has disclosed that over $19bn was invested in Africa’s Infrastructure by the Private Sector in 2020; the highest since 2016. He made the statement at a webinar organised by…