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Africa Business Seminar introduces economic development, business opportunities

As part of a series featuring selected regions and countries from around the world, a seminar was held on April 6 at the Yokohama Chamber of Commerce and Industry to introduce the current status of Africa’s wide-ranging development as well as business opportunities across the continent.

Deputy Director General Kosuge of the International Affairs Bureau presented the programs Yokohama is conducting with various African countries. A representative from the Africa Department of the Japan International Cooperation Agency (JICA) then described the current state of Africa’s economies and explained the development strategies being put into practice in Northern Corridor in eastern Africa, the Nacala Corridor in the southeast, and the West Africa Growth Ring.

Particular attention was paid to business development activity in Africa, where both the working population and consumer demand are expected to steadily increase.

Further seminars on various topics related to Africa are scheduled in anticipation of the upcoming 7th Tokyo International Conference on African Development.