$2.29bn aid package

Published January 9, 2008

TOKYO, Jan 8: Japan is likely to announce a $2.29bn aid package to improve infrastructure in Africa, where it is competing with China for influence, Kyodo news agency said on Tuesday, citing government sources.

Japan will likely announce the deal when it hosts a conference for African leaders in May, Kyodo said.

The aid would be used to improve port facilities in Madagascar and to help develop resources in countries such as Ghana and Guinea, Kyodo said.—Reuters

Opinion

Editorial

China security ties
14 Nov, 2024

China security ties

AFTER a slightly turbulent patch, during which officials publicly used uncharacteristically direct language,...
Steep price
14 Nov, 2024

Steep price

THE Hindu Kush-Himalayan region is in big trouble. A new study unveiled at the ongoing COP29 reveals that if high...
A high-cost plan
14 Nov, 2024

A high-cost plan

THE government has approved an expensive plan for FBR in the hope of tackling its deep-seated inefficiencies. The...
United stance
Updated 13 Nov, 2024

United stance

It would've been better if the OIC-Arab League summit had announced practical measures to punish Israel.
Unscheduled visit
13 Nov, 2024

Unscheduled visit

Unusual IMF visit shows the lender will closely watch implementation of programme goals to prevent it from derailing.
Bara’s businesswomen
13 Nov, 2024

Bara’s businesswomen

Bara’s brave women have proven that with the right support, societal barriers can be overcome.