Japan's trade insurance to cover full African investment

Government pushes infrastructure exports as China races ahead

20190428N Kenya railway

China has been aggressively investing in African infrastructure projects, including Kenya's Northern Corridor railway project. © Reuters

TAKASHI TSUJI, Nikkei staff writer

TOKYO -- The Japanese government will create trade insurance that will fully cover infrastructure-related exports and loans to Africa, hoping to encourage companies here to make further inroads into a region considered the last frontier of the global economy.

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