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Japan seeks new approach to scale up private investment in Africa

jeudi 17 août 2017

The Japanese government is set to scale up private investment in Africa as it readies to shift its intervention approach in Africa from the Official Development Assistance (ODA) to private investment.

According to Takashi Shibata, the deputy director, African Division, African Affairs Department, at the Japanese Ministry of Foreign Affairs, the new approach is aimed at making best use of competitive edge, infrastructure investment and human resource development through the Asian country’s African Business Education Initiative for Youth, better known as ABE Initiative.

The measures seek to develop infrastructure, build resilient health systems and lay the foundations of peace and stability, amounting to $30 billion under public-private partnership.

Voir l'article sur : newtimes.co.rw

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