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Japan has asked the World Bank to support investment in Africa
Japan has asked the World Bank to support its investment companies in Africa.
On Monday in Tokyo met Finance Minister Taro Aso and World Bank President Jim Yong Kim.
Kim welcomed the leading role of Japan in the 5th Tokyo International Conference on African Development. As Kim said he expected that the conference will accelerate the Japanese private sector investments in Africa.
Aso asked the head of the World Bank's support to Japanese companies that want to invest in Africa.
The Japanese government will provide official development assistance in the amount of approximately $ 14 billion.
The total amount of the aid package is about $ 32 billion. The remaining funds are expected to provide the private sector.