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Growing Africa destination of investment for Japan

Publication Date : 15-01-2014

 

Japanese Prime Minister Shinzo Abe on Tuesday lauded the recent growth of the African nations, saying his visit to the region would be a great opportunity for Japan to become the continent’s partner of the century.

Speaking at a press conference in a hotel in Ethiopia’s capital, Abe said: “The African nations are no longer in need of aid. The region’s human resource development and infrastructure improvement are both attractive investments for the future.”

On the Japanese investments on the region, the prime minister said, “They are made for Japan to grow together with the African countries,” stressing the difference from China, which is widely criticised for not contributing enough to the local economy.

 

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