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African Development Bank (Abidjan)

Ticad 7 - $3.5 Billion in Support of Africa's Private Sector

Japan and the African Development Bank on Friday announced a joint target of $3.5 billion under the Enhanced Private Sector Assistance for Africa initiative (EPSA4), during the 7th Tokyo International Conference on African Development (TICAD 7). Both Japan and the Bank have set a target of $1.75 billion each, from 2020-2022, to enhance the fourth phase of EPSA to spur private-sector-led sustainable and inclusive growth in Africa.

Photo: AfDB

Electricity, transportation, and health will be key priorities under the Enhanced Private Sector Assistance for Africa initiative (EPSA4).

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