International money transfer company Dahabshiil has lauded Japan's efforts to increase investments in Africa noting the inter-regional trade will promote the continent's development.
Speaking shortly after the conclusion of the sixth Tokyo International Conference on African Development on Sunday evening, Dahabshiil CEO Abdirashid Duale who attended the conference said the Japan-Africa development partnership could not have come at a better time.
During the conference, Japan pledged Sh3 trillion in various investments geared at transforming Africa's economy.
"As
Dahabshiil, we know the importance of partnerships since we operate
across the continent, as well as in Europe, North America and the Middle
East and have traded with Japanese companies,” said Duale.
Japanese
Prime Minister Shinzo Abe told African leaders during the conference
that his country will commit $30 billion (Sh3 trillion) in public and private support
for infrastructure development, education and health care expansion in
the continent.
Abe
said the package would be spread over three years from this year.
