Japan Pledges $30bn for African Development

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Japan has appropriated $30 billion as aid for the development of African human resources and to promote economic growth.

The country’s Prime Minister, Fumio Kishida who disclosed this online said the official announcement would be made this weekend in Tunisia at the Tokyo International Conference on African Development (TICAD).

Other needs to be addressed by the aid are food security for Africans in the wake of Russia’s invasion of Ukraine, climate change and the promotion of environmentally friendly businesses.

It would be recalled that the eighth TICAD is the first since 2019 and only the second held in Africa. It is co-hosted with the United Nations, the World Bank and the African Union Commission.

In attendance at the conference will be Foreign Minister Yoshimasa Hayashi who is billed to meet with his Tunisian counterpart on Friday ahead of the main conference.

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