Kaïs Saïed, at the opening ceremony of the TICAD 8 Business Forum: “Africa’s wealth is inexhaustible”

“Tunisia will continue its efforts to support the strategic partnership between Africa and Japan and open new horizons for Japanese investors, thanks to its geographical position and its openness to different economic zones,” said the President of the Republic, Kaïs Saïed, at the meeting. opening ceremony of the “Forum Business” of Ticad 8.


Speaking at the opening ceremony of the Ticad 8 “Forum Business” that took place yesterday in Tunis, the President of the Republic, Kaïs Saïed, emphasized the importance of developing human capital, “this true inexhaustible wealth” as a lever for growth. and development in Africa. He stressed that the African continent, in this particular global context, especially after the outbreak of the Covid-19 pandemic and the changes that have taken place in several countries, needs a new vision, new ideas and views.

The continent is home to significant natural resources and has all the resources. However, it is the poorest continent‘ he claimed.

Referring to Japan’s rebirth that allowed it to reach the rank of world power, while preserving its culture, its traditions and its vision of life, Saied emphasized that several studies that have been developed have identified the causes of the failure of the Arab and African Renaissance and the reasons for the success of the Japanese Renaissance. “The Japanese Renaissance succeeded thanks to a ‘happy marriage’ between deep-rooted Japanese culture and the pursuit of a bright future. Japan’s economic success was lightning fast. Reconstruction after World War II was completed in a few years and the country became a world power‘ he claimed.

The President of the Republic highlighted the poverty that is widespread in Africa and underlined the gap that exists between life expectancy at birth in Africa and that in Europe. “Poverty, internal conflicts, absence of the rule that comes from the will of the people… it is time, today, for Africa to unite, and this, despite the difficulties encountered, the internal conflicts and the famine that rages on the continent‘ he further clarified.

Saied said in this regard that the Covid-19 pandemic has exposed the gaps and inequalities between the north and the south. He said that through this conference, Tunisia and Africa are seeking a new partnership with Japan focused on human resources. He added that human capital can only contribute to sustainable growth within the framework of a stable political regime and in the absence of internal conflict.

In this sense, he affirmed that one of the main reasons that contributed to the instability in Africa is the absence of institutions and sometimes the notion of the state.

Referring to trade relations with Japan, the president of the republic said that the volume of trade between Africa and Japan continues to grow to $28 billion and Japanese investment is now $30 billion. “We need to strengthen our partnership with Africa and design new mechanisms that are different from the old ones that have not made it possible to achieve the assigned objectiveshe added.

Regarding the role of the private sector in development, the President of the Republic indicated the need to put in place regulatory mechanisms that allow the private sector and young people to play the leading role and promote the improvement of the business environment.

He said private investment cannot contribute to growth and development without political stability and social justice. “This can only be achieved through a shared vision of creating a business-friendly and entrepreneurial environment that attracts Japanese and African investors and entrepreneurs.”, he pointed out. He added that cohabitation between the public and private sectors is possible as long as it has proven itself in multiple countries.

The President of the Republic confirmed that sectors such as health care, transport and social security should be supported by the state, while other sectors of activity, which are growth levers, can be developed through a partnership between the private and public sectors. The President of the Republic stated that the accumulation of debt in Africa is an obstacle to its development and called for the debt reduction of African countries and its reinvestment in productive sectors.

Tunisia will continue its efforts to support the strategic partnership between Africa and Japan and open new horizons for Japanese investors, thanks to its geographical position and openness to different economic zones.‘ he indicated.

The president of the republic also invited Japanese businessmen to invest and start projects in Tunisia, in collaboration with Tunisian entrepreneurs.

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