African Development Bank chief calls for more investment from Japan+

TOKYO, April 5 Kyodo -
Visiting African Development Bank President Donald Kaberuka on Monday called on
Japan's private-sector companies to expand investment in African countries,
saying that economic ties between Asia and Africa have been strengthening every
year.
At a news conference in Tokyo, Kaberuka emphasized that the African economy
will continue to grow in the future as it has recovered from the economic
crisis and the middle class has been growing.
From Asia, not only has China been intensifying its resource diplomacy with
Africa but such countries as India and Singapore have also been increasing
investment in Africa in finance and information technology, among other fields,
Kaberuka said.
He also expressed hope that Japan, whose investment in the African bank is the
third largest, after Nigeria and the United States, would invest more, saying
he hopes to at least double the bank's capital.
==Kyodo