In October 2016, Japan hosted a seminar for South African investment, attended by South Africa’s Minister of Mineral Resources.
Japan and South Africa cooperate on resource development
Since 2013, Japan and South Africa have partnered to promote resource development across the African continent. While oil, coal and other mineral resources represent a frontier for economic growth in Africa, Japan and South Africa also maintain firm commitments to infrastructure improvement and human resource development initiatives.
Funds of 260 million dollars
Over five years, these initiatives aim to encourage Japanese companies to fund 2 billion dollars in resource development efforts. Already the partnership has generated 260 million dollars, as well as support for African infrastructure improvement in electricity, water supply and railways.
Environmental protection and social welfare
During development, the overexploitation of resources has disastrous consequences for the natural environment. To help preserve Africa’s rich natural heritage, Japan has leveraged its mining knowledge to provide training courses on topics such as pollution control and worker safety. Over 400 Japanese administrative officers offer these courses in Africa. In sites around the mines, Japan has built schools and hospitals to improve the welfare of regional communities. Japanese companies have also invested 63 million dollars (6.5 billion yen) in corporate social responsibility (CSR) activities.
Mining Indaba conference to be held February 2017
In February 2017, South Africa will host Mining Indaba, an international mining industry conference. “Indaba” is a Zulu word meaning a meeting to discuss important issues. In the spirit of the conference, Japan plans to propose more ways to further enhance Japan-Africa collaboration.