As the discussion continued, a clearer picture emerged of the obstacles facing Japanese investment in Africa. Key among them was the current state of infrastructure and the need for improving social security. Participants also expressed their expectations for TICAD VI and the role of TICAD in overcoming such issues.
Moderator: Now that we have extensively discussed the kind of involvement African countries expect from Japan and its businesses, perhaps we can touch on your outlook for TICAD VI, as well as on some of the barriers facing Japanese investors.
Oubida: TICAD will be about how to transform the African economy. And it is our expectation that we will have a strong partnership with the private sector. Our head of state will exchange views with the private sector to see what they can put together in a way that will be of benefit for the countries in Africa and for Japanese companies. It should be a win-win situation.