Japan pledges to invest $30bn in Africa
https://emmanuelnsirim.blogspot.com/2016/09/japan-pledges-to-invest-30bn-in-africa.html
Japan will invest $30bn in Africa over the next three years, Prime Minister Shinzo Abe has pledged at a summit in Kenya.
Starting this year, Japan will make a $10bn investment in the continent's infrastructure development, focusing on electrical power, urban transport systems, roads and ports, Abe said at the Saturday opening of the Tokyo International Conference on African Development (TICAD).
An additional $20bn will flow into Africa through investments from Japan's private sector during the same period, he added.
"We have a feeling in our gut that in Africa, where possibilities abound, Japan can grow vigorously," said Abe.
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