Japan | CEO Business Africa

Nigeria signs an MoU with Japan and UNIDO for a sustainable plastic value chain

February 14, 2022February 14, 2022

NIGERIA – Nigeria’s Federal Ministry of Environment, the Embassy of Japan in Nigeria, and the United Nations Industrial Development Organization (UNIDO), signed a US$2.8 million agreement to support government efforts to develop sustainable plastic waste management. The new funding will enable the Nigerian government to step up the promotion of projects contributing to the emergence of the circular economy in…

Benin secures US$27.5m from JICA to finance Couffo’s drinking water project

November 19, 2021November 22, 2021

BENIN – The Japanese government has awarded a grant of 16 billion CFA francs (US$27.50m) to Benin, through its international cooperation agency, JICA. The funding will enable work to be carried out on the project to strengthen drinking water supply systems in the departments of Couffo and Plateau. The funds will enable Beninese authorities to finance the Project to Strengthen…

Tech startup Sanergy secures US$2.5m funding from Japanese investor JICA

October 12, 2021October 12, 2021

KENYA – Sanergy, a tech-enabled startup and the owner of the Fresh Life toilets franchise, has received US$2.5 million funding from the Japan International Cooperation Agency (JICA). This is in an effort to address the city’s growing sanitation needs while also helping farmers across Kenya produce more crops with fertilizer produced as a byproduct. Sanergy plans to expand its reach…

Japan to increase its JICA grant to Egypt for the development of Abu al-Rish Japanese Hospital

August 9, 2021August 9, 2021

EGYPT – Egypt and Japan signed an agreement to increase the value of the Japan International Cooperation Agency (JICA) grant to become US$19 million. The agreement aims to construct the new outpatient clinic of the Abu al-Rish Japanese Hospital, which comes within the framework of the distinguished Egyptian-Japanese relations that promote the development of the health sector. The signing ceremony…

Morocco, Japan sign five-year MoC for promotion of public policies relating to layout and infrastructure

March 13, 2021March 13, 2021

MOROCCO – The government of Morocco has signed a Memorandum of Cooperation with Japan, the first of its kind in the fields of land-use planning, town planning, infrastructure, and investment. According to a press statement, the agreement, set to last five years, will promote the sharing of expertise, capacity building, as well as good practices in the fields of planning…

Japan provides US$240m development finance to Egypt for sustainable development

February 17, 2021February 17, 2021

EGYPT – The government of Egypt, through the ministry of international cooperation and finance, has inked an agreement with the Japanese government, represented by the Japanese Embassy in Cairo and Japan International Cooperation Agency (JICA). The deal provides a development finance of US$240 million for Egypt. The accord targets development financing policies in energy and budget support in Egypt, aiming…

Japanese Yazaki and Sumitomo to build four plants in Morocco, creating 8300 jobs

January 13, 2021

MOROCCO – Japanese Corporations Yazaki, which makes car components, and Sumitomo Electric Industries are planning to build four plants in Morocco for a US$103 million investment. These plants will create 8300 jobs and support Morocco’s car industry. The two Japanese groups signed separate agreements with Moroccan authorities in a ceremony chaired by Minister of Industry and Trade Moulay Hafid Elalamy.…

Toshiba Corporation to abandon coal-fired power plants

November 11, 2020November 11, 2020

WORLD – Japan’s multinational conglomerate Toshiba, will stop construction of new coal-fired power plants and shift to renewable energy in a bid to reduce greenhouse gas emissions, a spokeswoman revealed. “We still have ongoing projects, but we have decided to withdraw from building new coal-powered plants,” company spokeswoman Yoko Takagi told AFP. Toshiba, which currently has around 10 coal-fired station…

Pfizer, BioNTech Covid-19 vaccine shows 90% efficacy

November 10, 2020November 10, 2020

WORLD – American multinational pharmaceutical corporation Pfizer Inc has said its experimental vaccine was more than 90 percent effective in preventing COVID-19 based on initial data from a large study, a major victory in the fight against a pandemic that has killed over 1 million people, roiled the world’s economy and upended daily life. Pfizer and German partner BioNTech SE…

Isuzu East Africa makes a comeback to the Tanzania’s market after a three-year break

August 7, 2020August 28, 2020

TANZANIA – Isuzu East Africa has announced its return to the Tanzanian market after three years of absence in an aim of expanding its footprint in the region, reports The Citizen. The global automotive firm also appointed a subsidiary of the Egyptian firm Al Mansour Auto EA (Tanzania) Ltd – a globally renowned company – as its authorised distributor in…