On the occasion of the 6th Tokyo International Conference on African Development (TICAD), were signed 73 Japan-Africa trade agreements and pledged United States dollars 30 billion investment by Japan in Africa by 2019, one third funded by the Japanese government, particularly in medical education, and two thirds by the Japanese private sector within the framework of the new Japan-African public-private economic Forum.
The nation will work with the African Development Bank to boost private sector investment on the continent struggling with intermittent power outages, dilapidated infrastructure, poor sanitation and grinding poverty.
On Saturday, Abe had told African leaders at a development conference that Japan would commit $30 billion in public and private support for infrastructure development, education and healthcare expansion in the continent over a three-year period starting in 2016.
Abe also announced the launching of the Japan-Africa economic forum, adding that Japanese government officials and top business leaders will be visiting the continent every three years.
China, whose investments in sub-Saharan nations have increased 40-fold since 2003, pledged $60 billion for the continent at a similar summit by President Xi Ping in South Africa a year ago.
Sierra Leone's Vice President, Dr. Victor Bockarie Foh on Friday 26th August, arrived in Nairobi, Kenya's capital, representing His Excellency, President Dr. Ernest Bai Koroma at the Sixth Tokyo International Conference on African Development (TICAD), presently taking place at the Kenyatta International Conference Centre in Nairobi, Kenya.
China now is the largest trading partner to Africa, playing a leading role in worldwide cooperation with Africa.
The gathering was held outside Japan for the first time, as Tokyo seeks to strengthen its economic and political presence in the continent amid China's increasing influence.
Africa is vital for Japan in its bid to become a permanent member of the Security Council.
"This is basically to ward off the continuous aggression that the neighbouring nations are feeling from China".
Japanese and African leaders pledged to fight terrorism and emphasised the importance of rule-based maritime order as they wrapped up a Japan-led global conference on the continent's development on Sunday.
"Our struggle for development can not succeed without peace, stability and above all security", he said.