Japan joined the African Development Fund (ADF) in June 1973 and the African Development Bank (AfDB) in De-cember 1982.
Japan’s collaboration with the Bank Group includes the Japan Policy and Human Resources Development Grant (PHRDG) and the Joint Bank-Japan Enhanced Private Sector Assistance (EPSA) Initiative. AfDB also participates in the implementa-tion of the Tokyo International Conference on African Development (TICAD) commitments.
- The first Cooperation Agreement was signed in 1994 between the Ministry of Finance of Japan and the Bank, establishing the Japan Policy and Human Resources Development Grant (PHRDG) to support ADF countries. PHRDG focuses on human resource development and technical assistance. It has supported the Poverty Re-duction Strategy Paper process in several countries. It also financed a series of Bank’s analytical work through Regional Integration Strategy Papers (RISPs) and flagship reports and social business.
- Japan and the AfDB launched in 2005 the Joint Bank-Japan Enhanced Private Sector Assistance (EPSA) Ini-tiative. EPSA is a co-financing facility for resource mobilization to support implementation of the AfDB’s Private Sector Development Strategy. Under the Initiative, Japan contributed to the Fund for African Private Sector Assistance (FAPA). In October 2010 FAPA became a multi-donor Fund with the participation of Austria.
- The Bank and Japan are now working on the Japan Third Phase of EPSA (USD 1.5 billion). Under EPSA III, projects in economic infrastructure (transport, energy, etc.) as well as social infrastructure (health, education, nutrition) will be considered for ACFA (sovereign co-financing), while Non-Sovereign Loans (NSL) will strengthen more direct support for SMEs. EPSAIII has an additional allocation of USD 0.3 billion for Clean Coal Technology (CCT) related projects.
- AfDB signed a Memorandum of Understanding with the Japan Bank for International Cooperation (JBIC) in May 2009 to enhance collaboration in natural resources development, renewable energy, infrastructure, private sector development, trade facilitation and liquidity support for the private sector.
- Under a Memorandum of Understanding signed with the Japan International Cooperation Agency (JICA) in Oc-tober 2008, collaboration is ongoing in regional infrastructure development, agriculture (New Rice for Africa - NERICA), private sector development, environment, climate change, post-conflict fragile states, water and sanitation, and Africa-Asia knowledge sharing. Since 2006, JICA is seconding JICA staff to the Infrastructure Consortium for Africa (ICA) Secretariat and to the Private Sector Department.
- A Memorandum of Understanding between the University of Tsukuba of Japan and the AfDB was signed in May 2008. The objective is to enhance knowledge partnership on higher education and science, as well as technology.
- In August 2016, during TICAD VI, the Bank signed MOUs with the Japan External Trade Organization (JE-TRO) to enhance collaboration in power and energy industrialization, private sector development and quality infrastructure and the Sasakawa Africa Association (the SAA) on Commercializing Smallholder Agriculture and Food Security, Gender Equality and Private Sector Development in the Agricultural Sector. A letter of Intent was signed with the Sumitomo Mitsui Banking Corporation (SMBC) to foster cooperation in the areas trade finance, risk mitigation/sharing products, improving trade enabling infrastructure, business development as well as industrial and infrastructure project co-financing
Mr. Hiromi Ozawa
Executive Director, Japan
Mr. Fernando Ledo
Ms. Veronica GIARDINA
Principal Cooperation Officer
Resource Mobilization & Partnerships Department
- 19/03/2018 - African Development Bank, partners fund construction of 208-kilometre regional road project in Rwanda
- 15/03/2018 - African Development Bank commends Japan’s multi-billion-dollar support for Africa’s economic transformation
- 13/02/2018 - Japan provides US $700 million to African Development Fund
- 04/08/2017 - AfDB and African Ambassadors host 2nd Japan-Africa Business Forum in Tokyo
- 04/07/2017 - AfDB and Government of Japan launch Japan-Africa Energy Initiative