Hyundai Motor, AfDB agree to cooperate on Africa's energy transition, sustainable development
SEOUL, Sept. 9 (Yonhap) -- Hyundai Motor Group said Wednesday it has signed an a...
Hyundai Motor Group and the African Development Bank (AfDB) have signed a letter of intent to collaborate on Africa's energy transition and sustainable development. The agreement, signed by Hyundai Motor Group Vice Chairman Chang Jae-hoon and AfDB Vice President Kevin Chika Urama, aims to combine Hyundai's technological and business capabilities in mobility, energy, infrastructure, and industrialization with AfDB's expertise in development financing, investment attraction, and project development.
The signing took place during an AfDB delegation's visit to Seoul for the eighth Korea-Africa Ministerial Conference on Economic Cooperation.
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