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Trade-related financial services - Japan

Trade-related financial services - Japan

Information dated: 2017
Facilitating trade and investment in Africa – JBIC (Facility for African Investment and Trade Enhancement 2(FAITH2))

JBIC launched “FAITH 2”, renewing the JBIC Facility for African Investment and Trade Enhancement (FAITH) launched in June 2013. Under FAITH2, JBIC will actively provide loans, equity participations, and guarantees to projects which facilitate Africa’s economic diversification and industrialization, in cooperation with international organizations. Under FAITH 2, the original support under previous FAITH (a total of USD5.0 billion between 2013-17) will be extended up to 2018 and expanded by USD 2.0 billion, thus providing a total of USD 7.0 billion between 2013-18.