Asia Business Finance International

Tokyo urges Japanese private sector to invest — and beat China — in Africa

Japan, which lags behind other major economies when it comes to investment in Africa, has been increasingly concerned that the pandemic has weakened African economies and worsened their dependence on Chinese investment and aid. US investment in Africa is seven times larger than that of Japan, that of the UK and France is more than […]

Headlines Morocco

Morocco, Japan’s Gateway for Investing in Africa

Morocco’s geographic location, political stability and promising macroeconomic indicators, coupled with its longstanding ties with African countries and increasing investments in the continent make it an attractive partner for countries willing to invest in Africa, such as Japan, which has just convened a summit with African leaders pledging largescale investments in infrastructure. Japan sees in […]

Africa Headlines International Morocco

Japan-Africa Summit: Morocco Stresses Trilateral Cooperation as Central to its Foreign Policy

The Japan-Africa economic summit, held in Nairobi August 27-28, was an opportunity for Morocco to stress the centrality of trilateral cooperation in the Kingdom’s foreign policy. Speaking at the summit, Morocco’s Ambassador to Kenya Abdelilah Benryane reiterated the Kingdom’s willingness to share its expertise and know-how with African countries through trilateral cooperation frameworks involving countries […]

Africa Asia Business International

Japan Earmarks $30 Billion in Support for Infrastructure Development in Africa

Japan announced it will invest $30 billion in support of Africa’s economic growth and infrastructure over the next three years. The pledge was made by Japan’s Prime Minister Shinzo Abe at the Japan-Africa economic summit in Nairobi, as Tokyo competes for influence in the continent with the U.S., China and former European colonial powers such […]

Asia Features International

Jordan insists on prisoner swap, ISIS remains silent

Jordanian officials are hopeful that they will reach a deal with the Islamic State of Iraq and Syria (ISIS) for the liberation of their pilot lieutenant Muath al-Kasaesbeh. The extremist group has not responded to demands by Amman to prove that the pilot is alive in order to swap him for death row inmate Sajida […]

Africa Asia International

China and Japan Criticize Each Other’s Policies in Africa

China and Japan are criticizing each other’s policies in Africa as each country pledges more money for the continent. While Tokyo has censured China’s foray into mineral-rich Africa, saying its approach is unhealthy for development on the continent, Beijing accuses Japan of courting African support for its effort to secure a place in the United […]