Business trendsEurasian powers seek African influence via development summits
Japan struggles to compete with China's cash while Russia throws arms into fray
Chinese President Xi Jinping, right, held a summit with African leaders in Beijing last September. © Reuters
KOYA JIBIKI, Nikkei staff writer
TOKYO -- Japan will hold its seventh summit on African development next month amid a proliferation of similar events, as countries compete to build closer ties with a region whose economic and political influence are expected to grow in the coming decades.