South Korea will speed up negotiations with African international locations on selling funding and commerce, President Yoon Suk Yeol mentioned on Tuesday, as Seoul hosts a summit with the leaders of 48 African international locations.
Yoon promised to extend improvement support to African nations to $10bn over the subsequent six years in return for elevated mineral provide from the continent.
South Korea, one of many world’s greatest power patrons, is searching for to faucet into Africa’s wealthy pure assets by providing to assist construct its industrial and digital infrastructure.
Enterprise leaders will host a summit on Wednesday to debate industrial improvement, meals safety, funding and commerce.
