Public Management

Africa: Japan pledges $500 mln for peace and stability

Africa: Japan pledges $500 mln for peace and stability
Tuesday, 02 May 2023 17:00

The Japanese leader stressed that peace and stability are prerequisites for economic development and pledged support to Ghana in areas such as infrastructure and human resources development as well as food security.  

Last Monday, Japanese Prime Minister Fumio Kishida (photo) pledged $500 million to promote peace and stability in Africa.

The pledge was made in Accra, the second stop on the African tour launched by Mr. Kishida to strengthen cooperation between the continent and the group of seven most advanced economies in the world (G7), which is currently presided by Japan. 

"Economic growth cannot be achieved without peace and stability," the Japanese leader said at a joint press conference with Ghanaian President Nana Akufo-Addo, pledging to support Sahel countries facing Jihadist threats. 

Mr. Kishida also promised to support Ghana in areas such as infrastructure and human resources development and food security. 

As part of his African tour, the Japanese Prime Minister has already visited Egypt. In addition to Ghana, he is expected to visit Kenya and Mozambique.

At the 8th Tokyo International Conference on African Development (TICAD-8), held in August 2022 in Tunis, Japan announced $30 billion in investment in Africa over three years and the training of more than 300,000 Africans in several fields, to try to counter the influence of China, its powerful rival, in Africa.  

Last December, believing that Africa remains underrepresented in the global bodies despite its growing economic and demographic weight, the Japanese Prime Minister advocated for a permanent seat to the African Union (AU) in the group of the twenty largest economies (G20).

"The admission of the African Union to the G20 is important, given the growing role of African countries in the international community," he said after a meeting with Macky Sall -President of Senegal and current chairman of the African Union- in Tokyo.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Moniepoint acquires restaurant software platform Orda Africa Deal expands integrated services across payments, operations, analytics Targets...
Ghana’s stock market gained nearly 20% since late February, leading globally Bank stocks drove the rally, alongside oil-linked gains Stronger economic...
BOA Niger will not pay dividends for 2025 after profits fell 91.8% Earnings dropped sharply amid weaker income, higher costs, and a tough...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as residents. The move aims to capture diaspora...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
03

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
04

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
05

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.