World News
Japan pledges $32 billion aid to Africa
June 1, 2013
Japan is wooing African nations, promising 3.2 trillion yen ($32 billion) as government and private-sector aid to foster growth in a region that is increasingly an appealing market and business partner.The package for the next five years, including 1.4 trillion yen ($14 billion) in government aid called ODA, or official development assistance, was announced at a three-day conference in Yokohama, near Tokyo, opening Saturday.Japan is eager to catch up with neighboring Asian rival China, which has