Browsing: Korea-Africa Summit 2024 economic cooperation

Korea-Africa
  • The inaugural Korea-Africa Summit 2024 highlights the strategic importance of Africa’s rich resources and market potential for South Korea.
  • Asian economic powerhouse seeks to firm up ties between Seoul and 48 African nations through industrial infrastructure, digital transformation, and sustainable investments.
  • Summit is also building on previous successes and aspires to foster mutual growth while addressing climate change, food security, and health.

South Korea is hosting a key summit for the first time with Africa, a forum that has seen leaders from 48 countries across the continent converge in Seoul to discuss expansive economic ties and cooperation between the two regions. With a focus on industrial infrastructure and digital transformation, the Korea-Africa Summit aims to leverage Africa’s rich resources and untapped market potential to foster mutual growth and sustainable growth.

Authorities in South Korea have outlined the agenda: tapping into Africa’s vast mineral wealth and growing market, which now stands …