Bolloré Logistics teams from Japan and South Africa participated in the Japan-Africa Public-Private Economic Forum last 3-4 May in Johannesburg, South Africa.
In recent years, Japan’s economic partnership with countries of the African continent has increased significantly with a key driver being structurally transforming African economies to help achieve sustainable and inclusive growth. Speeding up this transformation requires integrating markets, radically improving global and regional value chains and enhancing public-private partnerships in private sector activities.
At the sixth Tokyo International Conference on African Development in 2016, Japanese Prime Minister Shinzo Abe announced Japan’s intention to invest $30 billion over three years into Africa, including public-private investment. He therefore announced the launch of the “Japan-Africa Public-Private Economic Forum”, with a view to accelerating the promotion of growth by encouraging networking among Japanese companies and African companies.
The forum provided opportunities for Japanese and African companies as well as key business and development-related organizations to highlight their work and investment in Africa. The event comprised of plenary and thematic sessions covering topics such as opportunities and challenges for collaboration; enhancing connectivity and improving infrastructure in Africa; exploring new frontiers for business; addressing challenges for transforming economies in Africa; and Japans role in making further progress.
Bolloré Transport & Logistics’ Regional Managing Director for South and East Africa, Tony Stenning, joined the thematic session – Showcasing Japanese Business in Africa – as a panel speaker, discussing Bolloré Group’s extensive African network, capabilities and investment in Africa. He highlighted the importance of selecting partners: “It is imperative that you partner correctly for successful investment on the continent.”
South African President, Cyril Ramaphosa, who emphasized that “The African continent boasts huge potential for economic growth – making it a lucrative option for keen investors”, also attended the event.
The Japan fair was concurrently organized by the Japan External Trade Organisation (JETRO) at which Bolloré Logistics hosted a booth, where our representatives had a chance to meet their existing clients and open up new business opportunities.