Japan and Africa to meet at first Japan-Africa economic forum in Joburg
The Japan-Africa Public-Private Economic Forum takes place at the Sandton Convention Centre on May 3 and 4 2018
Despite recent economic slowdown both regionally and globally, Africa, with its dynamic private sectors, growing population and abundant resources, continued to grow 2.2 % in 2016 and is estimated to have rebounded to 3.4% in 2017 and accelerate to 4.1% in 2018 and 2019. Strengthening “connectivity” is a key driver in structurally transforming African economies to achieve sustainable and inclusive growth while reinforcing resilience amid external risks. To speed up this transformation, the continent must integrate markets, improve global and regional value chains, create an enabling environment, enhance public-private partnerships and multinational alliances around private sector activities, and make optimal use of technology. In recent years, Japan’s economic partnership with African countries has grown significantly. Its direct investment in Africa has almost quadrupled in the past 10 years. At the sixth Tokyo International Conference on African Development (TICAD VI) in 2016, Jap...
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