Japan pledges $30B investment in Africa

“Japan aims to be a growing partnership with Africa,” Japanese Prime Minister Kishida said at the Tokyo summit.

Fumio Kishida virtually addressed the African nations’ summit co-hosted by Senegal and Tunisia in the capital Tunis, a statement by the Japanese premier’s office said on Monday.

“Japan contributes strongly to the development of Africa by overcoming challenges in Africa together with Africa. By doing so, Japan learns and grows too. Japan, as a partner, takes an approach which focuses on ‘people’,” Kishida said.

Over the weekend, Kishida held a virtual meeting with several African leaders where he also discussed his idea “new form of capitalism.”

The investment will focus on investing in people and the quality of growth and will aim for a resilient and sustainable Africa while solving the various problems faced by the African people.


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