The Tokyo International Conference on African Development (TICAD) has brought together African leaders and international dignitaries to discuss the continent’s development challenges and opportunities.
The three-day conference aims to foster cooperation and investment between Japan and Africa, with a focus on addressing the continent’s debt crisis and promoting economic growth.
The conference, which began on Wednesday at the Tokyo International Conference Centre, has drawn leaders from across Africa, including Nigerian President Bola Tinubu, South Africa’s Cyril Ramaphosa, and Kenya’s William Ruto.
“The debt and liquidity crisis on the African continent is worsening the challenging socio-economic environment and constraining the fiscal space for governments to cast a safety net over its citizens,” Ramaphosa’s office said in a statement.
Prime Minister Shigeru Ishiba emphasized Japan’s commitment to partnering with Africa, saying, “We want to carefully identify the needs of our partners and earn their trust, thereby fulfilling our role as a nation.”
Japan is positioning itself as a trusted partner for African countries, offering an alternative to China’s significant investments in the continent.
Ishiba highlighted Africa’s potential, citing its young population and natural resources.
“We will be discussing how we may leverage these human and material resources as a source of vitality and connect them to Japan’s growth and the prosperity of the world,” he said.
Ishiba also noted: “Rather than focusing on our own needs, we want to carefully identify the needs of our partners and earn their trust, thereby fulfilling our role as a nation.”
Japan plans to pledge to cultivate 30,000 artificial intelligence experts over the next three years to promote industrial digitalization and job creation.
The TICAD conference has brought together leaders and experts to discuss the future of Africa’s development.
With its focus on cooperation, investment, and innovation, the conference aims to chart a new course for Africa’s economic growth and prosperity.
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