The African Development Bank and Aerosense Inc have signed an agreement to advance cooperation and projects in drone technology in Africa. Aerosense Inc. is a leading Japanese company engaged in drone manufacturing.
Representatives of both institutions signed a Letter of Intent on Thursday 21 August, on the sidelines of the ninth Tokyo International Conference on African Development in Yokohama, Japan. The agreement was signed by Mr. Solomon Quaynor, Vice President for Private Sector, Infrastructure Industrialization, AfDB and Mr. Kohtaro Sabe, President CEO, Aerosense Inc.
The agreement formalizes a relationship of mutual co-operation, assistance, information and knowledge sharing between the two institutions, exploring co-financing and deal opportunities and appropriate coordination of actions between them and their respective teams, specifically concerning the promotion of sustainable infrastructure solutions in Africa.
