Japan to drive Africa investment with enhanced trade insurance: Abe

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Japan will offer enhanced trade insurance to boost private sector investment in ...

TOKYO - Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the resource-rich continent.

“Let me make a promise,” Abe told the Tokyo International Conference on African Development attended by a few dozen African leaders and representatives of international organizations such as the World Bank. The enhanced insurance would fully cover loans to African governments, their affiliated institutions or private companies buying Japanese goods for infrastructure projects in Africa, according to government briefing materials and a state-run firm offering trade insurance.

Foreign investment in sub-Saharan Africa rose 13% last year to $32 billion, bucking a global downward trend and reversing two years of decline, according to a United Nations report published in June.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Orients are sure better than the west in their relationship with Africa. it didn't start today. Comparing our trade histories-from Calabar to Sau Paulo to Virginia was slavery and slave trade. Then from zanzibar to Goa to Shanghai probably dealt with real exchange of commodities.

Il est sous le C de Commission

'Investment' aka neocolonialism JAPANMADNESS AfricanGames2019 globalization

Reuters: Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday AS HIS COUNTRY COMPETES WITH RIVAL CHINA FOR INFLUENCE IN THE RESOURCE-RICH CONTINENT.

Africa doesn’t need outside investors! Africa needs intracontinental trade! The continent has the capacity to be self sufficient! All Europeans should be repatriated to Europe! Japan China Ghana SouthAfrica Zimbabwe Namibia Mali Kenya IvoryCoast Niger Nigeria Chad

Where Is The RightHand Of The Photoshop Nigeria Rep? What A World.

The Kenyan one is not available here? He told us he is going to Japan for TokyoConfereneonAfrican development, he must have passed on his girlfriend's country, I don't know where

Used to be: The Japanese were called, 'honorary whites' in South Africa.

How?

Photoshop

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines