Top of the Morning: Japan to Announce Big Investments in Africa

Top stories from DAWNS Digest

Japan to Announce Big Investments in Africa

 The investments will mostly be in the energy sector. “Japan’s Prime Minister Shinzo Abe is expected to pledge more than $14bn in aid and trade deals during his week-long visit to Africa. He is also hoping to secure energy resources and increase exports. Mr Abe’s first stop is Oman, before he visits three fast-growing economies – Ethiopia, Ivory Coast and Mozambique. BBC Africa Business Report’s Lerato Mbele says the visit is seen as a step by Japan to compete with China, in the new scramble for African resources.” (BBC

CAR Interim President Resigns

Breaking: Central African Republic’s President Michel Djotodia and his Prime Minister heeded regional calls to step down from office, today. It the came at the end of a two-day summit in Chad regarding the deteriorating security situation in the CAR. “As news from the summit reached the capital, residents who had been calling for Djotodia to step down began celebrating. There was some sporadic gunfire.” (Reuters