Africa risky but too crucial to leave: Japanese firms | Bangkok Post: news

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Africa risky but too crucial to leave: Japanese firms

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Japan's resource-hungry companies in Algeria and beyond cannot contemplate withdrawing from Africa, despite the national trauma engendered by the Sahara hostage siege that claimed at least nine Japanese lives, experts say. 

People offer flowers and condolences for Japanese victims who have been confirmed dead following the Algerian hostage crisis in In Amenas, JGC headquarters in Yokohama, suburban Tokyo on January 24, 2013. Japan's resource-hungry companies in Algeria and beyond cannot contemplate withdrawing from Africa, despite the national trauma engendered by the Sahara hostage siege.

Africa's abundance of commodities and burgeoning markets -- which have also drawn Chinese firms in droves -- mean Japanese companies can do little more than tighten security amid a collective shudder over the bloodbath at In Amenas.

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