African leaders shift from aid to trade imbalance with Japan

Wednesday 28th May, 02:57 PM JST

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14 Comments

rjd_jr at 11:16 AM JST - 28th May

I know Fukuda and others have good intentions but really is this a worthwhile thing to do?
ihope2eatwhales at 12:16 PM JST - 28th May

Why so negative? This is good news.
capone at 12:32 PM JST - 28th May

bribe money for access to natural resources
blvtzpk at 01:43 PM JST - 28th May

Too slow. China beat ya to it! ;)
evildave at 02:35 PM JST - 28th May

People talk about ODA like its supposed to be for the benefit of the foreign countries.

Its just government subsidies to japanese heavy industry and construction companies. Foreign countries, even those in the targeted countries, are not even allowed to bid on the projects.
evildave at 02:36 PM JST - 28th May

er, should have been foreign companies.
nutsagain at 04:59 PM JST - 28th May

Hunger will never be eradicated with food handouts, nor poverty with money. That's just not how it works. Stop gap measures must be just that, stop gap. But Africa needs the technology to develop its resources, this is true. But most Japanese I know think their technology is way too advanced for Africans so one wonders how this will fare...
NeoJamal at 01:06 AM JST - 29th May

Why should western governments encourage investment in creating manufacturing jobs in Africa that would mean loss of existing or new jobs for its voters employed in the secondary sector?

Also Fukuda and his LDP cronies know that African governments can't use aid money effectively to build industry but aid does help to build pro-Japanese international consensus and access to minerals.

Therefore, Africa can only help themselves with more aid money to come. Try asking Bono to encourage foreign investment with that aid money(LOL)
rajakumar at 01:43 AM JST - 29th May

African union, Mbeki, Museveni, Kibaki, Obama, Odinga,Zenawi and others must work in unity with japan/asia/US/EU. .

Africa need to solve its woes in crimes,infrastructure,info tech, education and its civil wars woes.

If woes can be more reduced, there will be more globalised trade joint ventures in africa.

Africa huge land/resources can supplement global food supplies/other resource woes in asia and other nations.
Africanist at 03:53 PM JST - 29th May

African leaders complain about trade imbalance with Japan?

I think US leaders have given up complaining about it.
unscrejects at 03:58 PM JST - 29th May

Shift? Who shifted? It has always been trade never aid. The Japanese have simply heard something else everytime the Africans came trade hunting.
unscrejects at 04:00 PM JST - 29th May

rajakumar: what are you smoking? Africa does supplement the rest of the world if you didn't yet know this... the problem is that you - the rest of the world, have not paid for what Africa has been providing! You're the corrupt and criminal ones.
rajakumar at 03:25 AM JST - 30th May

unsrejects- One love for all/Africa. Thanks for comments, the truth will bring the light. Rich nations/rich people are corrupt/wicked the abuse the poor and the poor nations. No more wickedness/corruption, what is the result, nations come out of darkness. People/nations should love people more than money. The problem is people love money more than people.
rajakumar at 03:28 AM JST - 30th May

corrections- Rich nations/rich are corrupt/wicked, they abuse the poor and the poor nations.