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Japan Prime Minister Stresses Shift to Investment in Africa, Vows to Assist Development of Nacala Corridor in South

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By Takeshi Kuroiwa / Japan News Staff Writer

18:37 JST, August 21, 2025

YOKOHAMA — Prime Minister Shigeru Ishiba emphasized the shift from aid to investment in relations with Africa, at the Public-Private Business Dialogue held at the Ninth Tokyo International Conference on African Development (TICAD 9) on Thursday in Yokohama.

“Nothing sums up the changing relationship between Japan and Africa better than the phrase ‘from aid to investment,’” Ishiba said.

The first TICAD meeting was held in 1993 to revive international interest in Africa following the end of the Cold War. The focus then was on assisting African countries. On Thursday, however, more than 300........

© The Japan News