*Japan will vie for commercial influence in Africa/ Oxford Analytica 30.08.16*
Japan pledges 30 billion dollars of investment in Africa as it looks for opportunity aboard but faces a crowded field Japanese Prime Minister Shinzo Abe and around 30 African heads of state over the weekend attended the Tokyo International Conference on African Development (TICAD) in Nairobi -- the first TICAD held on African soil. Abe announced 30 billion dollars in investment, starting with 10 billion dollars for infrastructure (electricity, urban transport, roads and ports) and the remaining 20 billion dollars channelled through the private sector in the coming years. At least 400 Japanese firms operate in Africa (including North Africa). At the 2013 TICAD, Japan pledged 32 billion dollars in investment -- 11 billion from this weekend's pledge is left over from 2013. In comparison, China pledged 60 billion dollars during its conference with African states in December 2015, though not all these funds may materialise. Our judgement Japanese commercial expansion in sub-Saharan Africa will continue, attracted by relatively buoyant consumer growth in some parts of the region and infrastructure development opportunities. Tokyo's development funding strategy will support investments by private sector players. -- To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] Visit this group at https://groups.google.com/d/forum/southsudankob View this message at https://groups.google.com/d/msg/southsudankob/topic-id/message-id For more options, visit https://groups.google.com/d/optout --- You received this message because you are subscribed to the Google Groups "South Sudan Info - The Kob" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at https://groups.google.com/group/SouthSudanKob. To view this discussion on the web visit https://groups.google.com/d/msgid/SouthSudanKob/CAJb14ooaGvpwOJ5ca%3Dg%2B2DPYRbQxu%3Dk6UsOqymo9h1JwAbnWWg%40mail.gmail.com. For more options, visit https://groups.google.com/d/optout.
