TICAD-V
As TICAD-IV ended, plans were already being formulated for TICAD-V in June 2013. Prime Minister Fukuda Announced told delegates at TICAD-IV, "I pledge that by 2012-five years from now-Japan will have doubled its official development assistance (ODA) to Africa, increasing it gradually over these years." At the same time, Fukuda said his government would double its grand aid and technical cooperation for Africa by 2012.
TICAD-V was held in Yokohama 1-3 June 2013 and forty-one African heads of state, along with UN Secretary General Ban Ki Moon and World Bank President Jim Yong Kim, attended. Japanese Prime Minister Shinzō Abe opened the conference by announcing a five-year $32 billion package to support infrastructure development and boost economic growth in Africa.
Read more about this topic: Tokyo International Conference On African Development