In August, Japanese Prime Minister Shinzo Abe took a delegation of over 1,000 Japanese business leaders to Nairobi, where they met with 30 African heads of state. Abe was there for the sixth Tokyo International Conference on African Development, which was held this year in Africa for the first time in its 23-year history. At the end of the conference, known as TICAD, Abe pledged that the Japanese public and private sectors will invest $30 billion in African counties over the next three years—a promise that highlights Japan Inc.’s growing interest in tapping the continent’s enormous potential.
With 76 memorandums of understanding signed after the conference, the Nairobi meeting marked a high point for Japanese investment in Africa. But Japan’s focus on opportunities in Africa has been growing steadily in recent years. It just went largely unnoticed—until now.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
