South Korea to expand its cooperation with the African continent
South Korea yesterday hosted a summit meeting of African leaders who were represented by delegates from 48 countries, including about 30 heads of state.
Addressing the meeting between Korea and the African continent in Seoul, South Korean President Yoon Suk Yeol has said that the country will provide development aid in Africa to nearly 10 billion dollars by 2030 and that it will expand deep cooperation especially in the important sectors of minerals and technology.
Today, South Korean business leaders will hold a business summit that will focus on investment, industrial development and food security.
The President of Kenya, William Ruto addressed the first conference between Korea and African countries while stressing the importance of Korea's role in the evolution of Africa.
Ruto has pointed out that, Africa is interested in evaluating the investment opportunity with Korea that the partnership will create job opportunities and help grow the economy.
Speaking at the opening of the conference, President Ruto said: "This meeting shows the desire to raise this relationship and inspire the political will needed for Africa and South Korea to flourish together through cooperation that benefits both sides. To do this, we must rise to our strengths and implement winning strategies based on equal cooperation,”
Several leaders from the East African region are also attending this conference, including the President of the United Republic of Tanzania, Mama Samia Suluhu Hassan and President Paul Kagame of Rwanda.
