#Firstpost Japan Announces $1.5 Billion Investment Plan in Africa | Firstpost Africa | N18G
Japan is making a significant push to deepen its economic ties with Africa, seeking to establish itself as a key partner of the continent. This move comes as African nations grapple with the aftermath of Trump’s hardline trade policies and a Chinese-led debt crisis. Against this backdrop, at the recent Tokyo International Conference on African Development, Japan’s Prime Minister pledged support for the continent’s growth. In line with its commitments, Tokyo has announced a $1.5 billion investment plan aimed at supporting sustainable development and reducing greenhouse gas emissions in Africa. After recovering from decades of deflation, Japan is now eyeing African markets and the continent’s vast natural resources, including critical minerals that could help reduce its reliance on China.
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