JBIC
- 2-1. Community Development
- 2-2. Education
- 2-3. Health
- Consolidation of Peace, Good Governance
- Addressing Environmental/Climate Change issues
- Broadening the Partnership
1-2. Trade,Investment and Tourism [ Boosting Economic Growth ]
Annual Progress Report 2008(HTML) 2009(PDF)
1-2-2.Encourage foreign investment
Yokohama Action Plan | Proposed Measures by Japan/Implementing Partners | Implementing Partners |
Potential Resources, Possible Contributions (Summary) |
---|---|---|---|
[1]Provide assistance to improve investment climate including the legal and regulatory frameworks in African countries. [2]Support the establishment of an information and consultation platform on the business climate for private companies intending to enter into African markets. |
● Support improvements in legal system and investment climate (i) Establish or promote an information and consultation platform on the business climate in Africa, (ii) Contribute to achieve self-reliance development of competitive local industries and improve economic and corporate governance |
GoJ(MOFA)/JETRO/JBIC/UNCTAD/WBG | GoJ/JETRO: Regularly offer information on the business climate of Africa for Japanese private companies |
GoJ/JBIC/UNCTAD: Provide policy recommendations | |||
GoJ: Considering providing support for the NEPAD-OECD Africa Investment Initiative (*) and promote African efforts in investment policy reform | |||
WBG: Scale up support to presidential investor councils in African countries, expand Micro, Small and Medium Enterprises (MSMEs) programs, promote Asia-Africa technical assistance and learning on role of FDI in fostering African enterprises | |||
[3]Utilize more effectively official funding sources such as investment credit, trade and investment insurance to enhance PPP and leverage private capital flows to Africa. | ● Utilize other official flows (OOF) to encourage foreign investment to Africa | JBIC/NEXI/WBG | JBIC: Set up the JBIC Facility for African Investment (FAI) and provide financial support of $2.5 billion |
● Utilize actively investment credit, trade and investment insurance | JBIC/IFC: Enhance cooperation based on the Memorandam of Understandings (MOU), especially to strengthen the effectiveness of FAI | ||
NEXI: Enter into the MOU on cooperation with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), and promote further trade and investment insurance |
●Concrete projects will be selected through consultations between Japan/Implementing Partners and African countries.
●MDB projects are to be decided.
●$ = US dollars
●Assistance measures written on a yellow ground are those embodied in 2008 (JFY) after TICAD IV.
●Assistance measures written on a pink ground are those embodied in 2009 (JFY) after TICAD IV.
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