Africa and Korea should consolidate their partnership for shared growth – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo
President Nana Addo Dankwa Akufo-Addo is pushing for stronger diplomatic partnership and solidarity between Africa and the Republic of Korea.
“Together, we can create a legacy of progress and prosperity for generations to come,” he said, highlighting the prospects of promoting trade, investment and innovation for mutual benefits.
President Akufo-Addo, addressing the 2024 Korea-Africa Summit in Seoul, stressed the need to share development experiences as Africa looks forward to utilizing its abundant resources.
“Africa’s abundant resources and young population, combined with Korea’s technological advancements, provide unprecedented opportunities for economic collaboration,” he said.
“In an interconnected world, our resilience depends on mutual support. Whether addressing global health crises or promoting peace, security and social justice, our partnership must uphold democracy, human rights and good governance,” he said. recommended.
The two-day summit takes place under the theme: “The future we build together: shared growth, sustainability and solidarity”.
Delegations from African countries and related international organizations, key figures from the Korean and international communities, including heads of state and heads of organizations, are participating in the event.
The aim is to discuss collaborative solutions to promote collective strength and solidarity for sustainable development, focusing on responding to global challenges such as climate change, food security, supply chain stability and health safety.
The Summit typically includes a series of conferences on a wide range of topics such as business, agriculture, ICT, forestry and desertification, vaccine and health security, tourism and energy, among others.
This follows the seventh Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference, which aimed to consolidate Korea’s long-standing support for the development of the African continent.
The ministerial conference saw the African Development Bank and the Korean government sign two agreements, worth $28.6 million, to boost the continent’s development agenda.
The new financing will primarily support energy access, agricultural transformation, knowledge and capacity building in a number of African countries.
President Nana Addo Dankwa Akufo-Addo says the global climate crisis requires urgent attention. Therefore, “by leveraging Korea’s leadership in green technologies, we can transition to low-carbon economies and build climate-resilient infrastructure.”
He welcomed the growing collaboration between Africa and Korea, hoping that this trend would lead to building a brighter and more prosperous future for all.
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