Japan To Provide $2 Billion To Africa Resources Projects

Must Read

Insurgency: What I Told Leah Sharibu’s Father: Saraki

Former Senate President of Nigeria, Senator Bukola Saraki has revealed that he spoke to Daniel Sharibu, father of Leah...

Nigerian Newspaper Headlines Today: 22nd February 2020

No Going Back On Social Media Regulation - Lia Mohammed The Minister of Information and Culture, Lai Mohammed has stated that the...

I Have No Intention Of Joining Coronavirus Infected APC: Fayose

Former governor of Ekiti state, Peter Ayodele Fayose has stated that he has no intention of joining the ruling...

FG Releases N386m For Coronavirus Prevention

Mr Abdulaziz Mashi, a permanent secretary at the federal ministry of health has disclosed that the federal government of...

Court Asks DSS To Probe Bayelsa Deputy Governor For Certificate Forgery

The All Progressive Congress(APC) has launched a counter-attack on the newly sworn-in deputy governor of Bayelsa state, Lawrence Ewhrudjakpo...

Japan will provide $2 billion worth of financial support over five years to back Japanese firms’ resources development projects in Africa, media reported on Saturday.

tosh_97836Japan’s Trade Minister Toshimitsu Motegi made the announcement at the Africa-Japan Ministerial Meeting for Resources Development held in Tokyo on Saturday, Japanese news agencies Kyodo and Jiji said.

The financial support is to be channeled through state-run Japan Oil, Gas and Metals National Corp (JOGMEC), reports said.

A number of Japanese firms have been participating in resources projects in Africa, including Mitsui & Co’s (8031.T) LNG project in Mozambique and Nippon Steel & Sumitomo Metal Corp’s (5401.T) coking coal project also in Mozambique.

- Advertisement -
Ad ==> Discover how a young Nigerian graduate now makes a consistent 40k per week doing a legitimate online business. You too can start yours now, click here!!!


Please enter your comment!
Please enter your name here

More Articles Like This

- Advertisement -