The Japan External Trade Organization plans to promote partnerships between Japanese and Indian companies looking to expand their presence in Africa by leveraging their mutual expertise, JETRO officials said.

The move is aimed at reducing market risks by combining the experience and knowledge of Indian firms in the African market with the technical and funding capabilities of Japanese companies to tap growth opportunities on the continent, the officials said.

Reiko Furuya, director of JETRO's New Delhi office, said it is organizing a conference in March to discuss collaboration in Africa, among other topics.