Japanese foreign direct investment in Africa

Abstract

Japan undoubtedly is a leading world economic power. Japan is the biggest donor of official development aid (ODA). In 1992, Japanese official aid was $11.2 billion compared to $10.7 billion for the United States. In the same year, 1992, Japan's bilateral ODA for Sub-Saharan Africa was $860 million constituting 10.1 percent of total bilateral aid; bilateral grant aid to Africa was $552 million or 32 percent of Japan's total bilateral aid.