Japanese news agencies Kyodo and Jiji reported the country’s Trade Minister Toshimitsu Motegi making the announcement at the Africa-Japan Ministerial Meeting for Resources Development in Tokyo.
The financial support will be channelled through state-run Japan Oil, Gas and Metals National Corp, the news agencies said.
Several Japanese companies have been participating in resources projects in Africa, including Mitsui & Co, which is partnered with Anadarko in the Area 1 liquefied natural gas project in Mozambique.
