From Macauhub

Mozambique and Japan are this week in Yokohama, Japan, due to sign a framework agreement on investments in the energy and mining sectors, Mozambican daily newspaper Notícias reported.

The agreement, which will be signed as part of the 5th Tokyo International Conference on African Development (TICAD V), to be held from 1 to 3 June, is intended to drive greater Japanese investment in the energy and mining sector in Mozambique.

According to Notícias, this is the second agreement of its kind Japan has signed with an African country, and the first was signed with Egypt in 1978.

Read more at macauhub.com