Japan seeks to grow Africa investments to ease reliance on China
Japan is supporting its companies to grow their business in Africa and develop trade ties across a continent where it’s mainly been seen as a key donor.
The second-biggest Asian economy’s emergence from a three-decade period of deflation has boosted its private sector’s risk appetite, Takehiko Matsuo, vice-minister for International Affairs at the Ministry of Economy, Trade and Industry said in Abidjan, the commercial hub of Ivory Coast.
Japan seeks to grow Africa investments to ease reliance on China
The country aims to do more business with Africa as it emerges from years during which its private sector was particularly risk-averse.Yinka Ibukun (The Japan Times)
JizzmasterD
in reply to Domino • • •But if China has been long since investing and developing trade ties throughout Africa, isn’t it just reliance on China by proxy?
As a side note, 100% understand it’s a big, diverse continent.
JillyB
in reply to JizzmasterD • • •