CORPORATE EVENT: Japan-Africa Investment Ecosystem Co-Creation Forum | African Development Bank

WHO: African Development Bank, KEIZAI DOYUKAI, United Nations Development Programme

WHEN: April 24^e 2023; Time: 13:00-15:45 (Tokyo), 4:00-6:45 (Abidjan)

WHERE: Hotel Grand Arc Hanzomon and Online (hybrid event)

On 24^e In April 2023, the African Development Bank, KEIZAI DOYUKAI and the United Nations Development Program will host a special business event for Japanese business leaders. The theme of the event is “Co-creating an investment ecosystem and business opportunities in Africa, to achieve sustainable growth with a strong partnership with Japan.”

As part of the program, Dr. Akinwumi Adesina, President of the African Development Bank, will give a lecture, followed by a panel discussion between leading speakers from Africa and Japan. Dr. Adesina will join the panel.

During the 8^e Tokyo International Conference on African Development (TICAD8), held in August 2022, Japanese Prime Minister Mr. Fumio Kishida announced that the government of Japan would continue to work as “a partner growing with Africa”, helping to realizing sustainable development focused on “people.” Japan also pledged to provide further development support and force investment with a focus on startups from Japan to Africa.

Also during TICAD8, Dr. Adesina met with Mr. Mutsuo Iwai, Chairman, Africa Project Team, KEIZAI DOYUKAI; chairman of the board, Japan Tobacco Inc. and mr. Ken Shibusawa, Vice President, Africa Project Team, KEIZAI DOYUKAI; CEO of Shibusawa and Company, Inc. The parties exchanged views on an “Africa Impact Investment Fund” proposed by KEIZAI DOYUKAI to promote co-creation of an investment ecosystem between Africa and Japan.

In November 2022, the African Development Bank and KEIZAI DOYUKAI signed a “Letter of Intent” to strengthen cooperation and business ties between Africa and Japan. In addition, on January 6, 2023, a fund management company, “&Capital Inc.” (Mr. Shibusawa as founder and CEO) was established in Japan to promote the implementation of the “Africa Impact Fund”.

Africa still has huge potential as an investment destination, with growing entrepreneurs appealing to a market of 1.3 billion people. These young entrepreneurs rise to solve social problems by implementing the latest technology or taking leaps and bounds. To support startups and create innovative business models and technologies, the event will focus on developing an investment ecosystem to strengthen collaboration between startups, private sectors, funds and international organizations in Africa and Japan.

Events Diary

Part 1 (13:00-14:00): Lecture – Dr. Akinwumi Adesina, Chairman of the African Development Bank Group

Theme: Co-creation of an investment ecosystem between Africa and Japan

Part 2 (14:15-15:30): Panel discussion

Theme: Creating impact in Africa – through collaboration between startups, private sectors, funds and international organizations

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Webinar ID: 962 1414 2884

Access code: 432673