• Kyodo


The three mega-banks said they will expand their businesses in Africa, following Prime Minister Shinzo Abe’s pledge over the weekend to bolster measures to boost investment in the resource-rich continent.

Sumitomo Mitsui Banking Corp., Mizuho Bank and the Bank of Tokyo-Mitsubishi UFJ are aiming to help Japanese companies tap into the market and support development of the corporate sector in Africa.

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