Shinzo Abe heads to Africa to boost Japan`s profile
Tokyo: Japanese Prime Minister Shinzo Abe is heading to Africa, keeping up a busy overseas travel schedule designed to boost Japan`s global profile in the face of China`s rise.
Abe departed today and will make a brief visit to the Middle East state of Oman before heading to the Ivory Coast, Mozambique and Ethiopia.
He has travelled more widely than his immediate predecessors in a bid to expand Japan`s diplomatic reach and help Japanese companies win business overseas.
The unofficial backdrop to his whirlwind travel is China`s rise, and the relative decline of a once ascendant Japan during two decades of economic stagnation. Japan is a major aid donor to Africa, but China`s investment and trade has powered Africa`s economic growth in the past decade.
Japan has pledged USD 14 billion in aid over the next five years and billions more in private investment.
Africa`s growth has raised hopes that one of the world`s last major untapped markets is starting to reach its potential. Japanese officials paint the Ivory Coast as the gateway to a West African market of 300 million people.
Japanese business executives will accompany Abe in Africa. The biggest delegation of 29 companies is going to Mozambique, a resource-rich country where Japanese companies are investing in coal and natural gas development.
In Ethiopia, Abe will deliver a major speech on Africa policy at the new headquarters of the African Union, a USD 200 million structure paid for by China.
He is due to return next Wednesday.
More from India
More from World
More from Sports
More from Entertaiment
- CM Kejriwal shortlists 39 'unwanted' IAS officers in Delhi
- Rajasthan: Gujjars revive reservation agitation, block rail track
- J Jayalalithaa sworn-in as Chief Minister of Tamil Nadu
- Dr Subhash Chandra Show: Aspiring for more than what you have!
- ISIS to buy first nuclear weapon from Pak?
- Mumbai: CCTV captures assailant with gun at Film City
- Mathura SSP receives death threat letter, message for PM Modi
- BJP now central pole of Indian politics: Arun Jaitley
- Maharashtra FDA sends Maggi noodles for lab testing
- Watch: Fast N Facts @ 7:30pm
- Haridwar: Hotel Radisson Blu sealed for polluting Ganga
- Delhi: Two killed in road accident in New Ashok Nagar
- Girl in Punjab's Pathankot quit studies for fear of eve-teasing
- Fiji: Floating island restaurant in middle of ocean
- Special: Furious over rising water crisis, people take to the streets
- PM Narendra Modi graces Digvijay Singh's son wedding reception
- Goa Board SSC Exam Results 2015 announced
- Rahul Gandhi to pressurise govt to act on one-rank-one-pension issue
- ISIS close to buying nuclear weapon from Pakistan?
- Manohar Parrikar visits forward areas along LoC, reviews security situation
- There will be no delay in appointing CIC, CVC: Jitendra Singh
- Credibility of Prime Minister's Office restored by BJP, says Arun Jaitley
- ISIS justifies raping slave girls, says Michelle Obama is 'worth $40'
- Arvind Kejriwal to highlight AAP govt's 100 days work on Monday
- 'Unhappy' Celina Jaitley asks Sunny Leone to move out?
- BJP's plan for one-year celebration: 200 big rallies, 5,000 public meetings
- IPL 2015 Final: Mumbai Indians vs Chennai Super Kings - Preview
- Heatwave leaves 153 dead in Telangana, Andhra Pradesh
- CBSE Results 2015: 10th board exam results to be declared on May 27
- IPL 8 Final: We need to be at our best against Mumbai, says Michael Hussey