The Mitsubishi Corporation and Çalık Enerji partnership took part in the 6th Tokyo International Conference of Africa's Development held on August 27 and 28, 2016 in Nairobi, the capital of Kenya.
73 agreements were signed aiming at strengthening business relations between African and Japanese companies, expediting efforts towards the production of raw materials in the continent of Africa and the development of the Africa continent.
Delivering a speech during the signing ceremony at the conference, which took place in a country other than Japan for the first time, the Japanese Prime Minister Shinzō Abe pointed out that the agreements were oriented towards the sectors of energy, infrastructure, education, healthcare, agriculture, information technologies, mining and communications. The Japanese Prime Minister Abe, made commitment to provide 30 billion US dollars to the public and private sector.
The Prime Minister stated that 10 billion US dollars of this incentive package, which will start as of this year and extended over three years, will be used in infrastructure projects through African Development Bank (AFDB) and the remaining 20 billion US dollars will be allocated to private sector investors.
The organization hosted more than 11.000 attendants including the Presidents of 53 African countries and high-ranking officials along with the representatives from the private sector and civil society, international organizations, regional institutions from Asia and Africa.
High-ranking African and Japanese officials and also many Japanese and African businessmen visited Çalık Enerji booth during the fair and exchanged ideas regarding meeting the most important need in Africa, the electricity demand.