49.

At the TICAD Asia-Africa Trade and Investment Conference, the then Prime Minister Koizumi announced Japan's policy for providing assistance to African countries which put forth effort in line with four key concepts: "formulation of an appropriate policy" for establishing an industrial foundation, "product development" with a focus on improving quality to increase competitiveness, "empowerment of small and medium-size local enterprises" generating income and employment in local communities, and "promotion of a social contribution by private enterprises" prompting equitable growth.