Africa: U.S.$24 Billion Japanese Trade, Aid Inflows to Drop

24 March 2011

African countries have been urged to prepare for a decline in aid and trade flows from Japan following the devastating earthquake that hit the world's third largest economy recently.

Standard Chartered Bank which stated it in its report, said that the total value of bilateral trade between Africa and Japan in 2010 stood at $24 billion, a 30 per cent improvement on 2009.

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