Saturday, September 27, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Africa

Japan’s Prime Minister Announces $20bn Investment Plan for Africa

Tech Gist Africa by Tech Gist Africa
09/03/2019
in Africa, Africa News, News
0 0
0
Japan’s Prime Minister Announces $20bn Investment Plan for Africa

Photocredit: aljazeera.com

0
SHARES
Share on FacebookShare on Twitter

Shinzo Abe, the Prime Minister of Japan announced plans to allocate $20 billion for investments in Africa, over the next three years. This was disclosed during the official opening of the Tokyo International Conference for African Development (TICAD), held in Yokohama, Japan.

Addressing African leaders during the opening speech, the Prime Minister noted that the Japanese private sector will continue to develop Africa’s human resources and infrastructure. 

“I make this pledge to you: The government of Japan will put forth every possible effort so that the power of Japanese private investment of $20 billion in three years, should be surpassed anew from one day to the next,” he said. “We will do whatever it takes to assist the advancement of Japanese companies into Africa,” he added.


See also: SA-based Nomanini Secures $4 Million Investment to Scale Growth


Japan also seeks to train 3000 Africans in a human resource development program, for six years. The country will also offer investment support for partnerships aimed at boosting technological innovation, industrialization, impact investment, enterprise development, climate change adaptation and entrepreneurship from Japan’s government-backed institutions.

This is not the first time that Japan is investing in Africa. The sum of $20 billion was invested in the continent between 2016 to 2018. Last year, it partnered with Kenya to build a geothermal expansion power generation plant and also supplied Botswana with broadcasting equipment to support digital broadcasting.

 

More on TechGist Africa:

  • Toyota Partners Altron & Vodacom to Launch Wi-Fi Enabled Cars in South Africa
  • WeThinkCode and Others to Recruit and Train Women Coders
  • Kenya Partners Japanese and Australian companies to Construct Hybrid Power Plant
  • Telegram will Launch Gram Cryptocurrency by October or Risk Losing Everything
  • Gokada Returns Unveils Gokada 2.0
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Rulebase
Funding

Rulebase Secures $2.1M Pre-Seed Funding to Revolutionize Fintech Back-Office Automation

by Tech Gist Africa
09/26/2025
0

Rulebase, a Y Combinator-backed fintech startup, has raised $2.1 million in pre-seed funding to automate back-office operations in financial services....

Read more
SunCulture Kenya

SunCulture, a Kenyan climate-tech startup has secured a $5 million funding

09/26/2025
AGF Visa Foundation

AGF and Visa Foundation Unveil $2M Fund for Women Entrepreneurs in Africa

09/26/2025
Justyol Morocco

Justyol, a Moroccan e-commerce startup has raised $1 million in funding

09/26/2025
Mavryk Network UAE

Mavryk Network Secures $10M to Revolutionize UAE Real Estate with Blockchain Tokenization

09/26/2025
Next Post
Toyota Seals Plans to Assemble Vehicles in Ghana and Ivory Coast by 2020

Toyota Seals Plans to Assemble Vehicles in Ghana and Ivory Coast by 2020

Japan’s Prime Minister Announces $20bn Investment Plan for Africa, Toyota Plans to Assemble Vehicles in Ghana and Ivory Coast by 2020 and More

Japan’s Prime Minister Announces $20bn Investment Plan for Africa, Toyota Plans to Assemble Vehicles in Ghana and Ivory Coast by 2020 and More

Accion Venture Lab

Accion Venture Lab unveils $23 Million Inclusive Fintech Startup Fund

No Result
View All Result

The Big 5

Food Security

How Technology is Advancing Global Food Security and Reducing Hunger

by Tech Gist Africa
09/26/2025
0

...

Nvidia Abu Dhabi Robotics Lab

Nvidia and Abu Dhabi Institute Launch Middle East’s First AI & Robotics Lab

by Tech Gist Africa
09/26/2025
0

...

MultiChoice

Canal+ has officially completed its $3.17 billion acquisition of South Africa’s MultiChoice Group

by Tech Gist Africa
09/26/2025
0

...

216 Capital & Plug and Play Accelerator

216 Capital & Plug and Play Launch Tunisian Accelerator to Bridge Local Startups to Global Stage

by Tech Gist Africa
09/26/2025
0

...

Funding

Groundbreaking UK Tender Aims to Map East Africa’s Start-Up Financing Landscape

by Tech Gist Africa
09/26/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.