Summary
YOKOHAMA, Japan - Japanese Prime Minister Yasuo Fukuda pledged to double Tokyo's aid to Africa by 2012 to spur growth and attract private investment - a model that helped propel post-war Japan into economic prosperity.
In particular, Japan will provide up to $4 billion in flexible, low-interest "soft loans" to Africa over the next five years for infrastructure projects, Fukuda said at the start of the three-day Tokyo International Conference on African Development.See the full content of this document
Extract
Japan Doubling Aid to Africa
"In order to boost the momentum for African growth, the most important thing...
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