South Korea Pledges $24 Billion to Boost African Trade and Mineral Cooperation
President Yoon Suk-yeol announces major aid and investment plans to strengthen economic ties and secure critical minerals from Africa.
- South Korea will double its development aid to Africa to $10 billion by 2030.
- An additional $14 billion in export financing will support South Korean businesses in Africa.
- A 'Critical Minerals Dialogue' has been launched to ensure a stable supply chain.
- Agreements aim to enhance cooperation in infrastructure, technology, and food security.
- South Korea seeks to learn from Africa's young population and untapped resources.