S. Korea vows closer cooperation with African partners at KOAFEC meeting
SEOUL, Sept. 9 (Yonhap) -- South Korea on Wednesday unveiled detailed plans to s...
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.
This story
This is one outlet's version. Read the fullest account.
