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African News Herald > Blog > Technology > How Africa can leverage relations with Japan for growth 
Technology

How Africa can leverage relations with Japan for growth 

ANH Team
Last updated: March 12, 2025 4:36 am
ANH Team
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Then you have the second stage, which is the implementation stage. We help them implement their strategy, whether it’s a market entry strategy or a scaling strategy. We help them put together the team, whether it’s local or expatriates.

The third stage is where we help them scale and sustain. So, they’ve entered the market, they’ve done well, but then how do we make sure that they maintain their market share, grow, and also sustain themselves in terms of profitability and just being a good corporate citizen?

And the fourth stage is where we help them exit. Now, this doesn’t necessarily mean they’re going to exit the continent, but it could be that they want to divest from a certain sector or a certain market and then move into a different sector or a different market.

So, these are the four stages that we have, and in between these stages, we have what we call the “checkpoints,” where we sit down, we look at the data, we look at the metrics, we look at how they’re performing, and then we adjust or reaffirm their strategy.

So, it’s really about being there with them, hand in hand, and walking them through the journey of setting up in Africa and growing their business on the continent.

What is your vision for the future of Japan-Africa relations?

My vision is that Japan and Africa can build a bridge that’s strong, that’s sustainable, that’s mutually beneficial, and that’s based on trust and long-term relationships. I think that Japan can really bring a lot to the table in terms of technology, in terms of knowledge transfer, in terms of investments, and in terms of just being a good corporate citizen.

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And I think Africa, on the other hand, can bring to the table a lot of opportunities, a lot of talent, and a lot of potential. I think that if we can build this bridge and really foster these relationships, it’s going to be a win-win for both sides.

And my hope is that through my work and through the work of others who are passionate about building these relationships, we can see a future where Japan and Africa are true partners, working together for the betterment of both regions and for the betterment of the world.

Thank you for talking with us, Bernard. It’s been a pleasure.

Thank you for having me.

. The process of building a prototype in the financial services sector is crucial for testing assumptions and ensuring the success of a business venture. Once the data looks promising, the next step is to move into the build phase, where a prototype is developed from a business standpoint. This prototype is then simulated and tested to validate all assumptions before deployment.

In the financial services sector, there are specific areas of interest that hold significant importance. While banking may be a mature industry in some countries like Egypt and Nigeria, other areas such as lending and insurance are gaining momentum. In Ethiopia, for example, the banking sector still requires significant advancements. Technology and knowledge transfer are essential in driving growth and innovation in these sectors.

Digital lending is another area that requires attention, as it plays a critical role in providing access to financial services for underserved populations. Insurance is also a key focus area, as it helps in mitigating risks and unlocking patient capital for investment in startups. Local capital is essential for fostering the growth of the startup ecosystem, and it is important for countries like Nigeria to focus on developing their own sources of funding rather than relying solely on external investors.

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By addressing the gaps in the financial services sector and leveraging technology and innovation, countries can drive economic growth and create opportunities for sustainable development. Collaboration between public and private sectors, as well as knowledge sharing and capacity building, are essential for building a robust financial services ecosystem that can support the needs of a growing economy.

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