Korea vows closer cooperation with African partners at KOAFEC meeting
Korea on Wednesday unveiled detailed plans to strengthen cooperation with African nations in artificial intelligence (AI) and digital technologies through initiatives, such as the K-AI Package, alongside measures to improve infrastructure across the continent. The Ministry of Finance and Economy outlined the measures during the four-day Korea-Africa Economic Cooperation (KOAFEC) meeting, which…
On Wednesday, Korea presented comprehensive plans to enhance cooperation with African nations in artificial intelligence (AI) and digital technologies during the Korea-Africa Economic Cooperation (KOAFEC) meeting in Seoul. The Ministry of Finance and Economy detailed these initiatives at the four-day event, which convened ministerial-level delegations from 45 African countries to discuss partnerships in AI and digital sectors.
Established by Korea and African nations in 2006, KOAFEC commemorates its 20th anniversary this year.
A key focus of the meeting was the K-AI Package, designed to deliver AI solutions, data centers, and power infrastructure for projects under the Economic Development Cooperation Fund (EDCF). Korean Finance Minister Koo Yun-cheol emphasized during a press conference that Korea's journey from an underdeveloped country to an advanced one has equipped it with valuable experience and expertise. This knowledge cannot be acquired by others, according to Koo.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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