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Korea Eximbank steps up financial diplomacy with 10 African nations

Hwang Ki-yeon, chairman and CEO of the Export-Import Bank of Korea (Korea Eximbank), held a series of high-level meetings with officials from 10 African countries in Seoul to discuss development projects and ways to support Korean companies seeking to enter the continent's growing markets, the bank said Friday. The meetings were held on the sidelines of the 8th Korea-Africa Economic Cooperation…

Korea Eximbank steps up financial diplomacy with 10 African nations

Korea Eximbank Chairman and CEO Hwang Ki-yeon engaged in high-level discussions with officials from ten African nations in Seoul. These meetings took place on the sidelines of the 8th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference, attended by government delegations from 45 African countries. Hwang met with Botswana's Vice President and finance ministers of Tanzania, Kenya, Rwanda, Ghana, Egypt, Uganda, Zimbabwe, Lesotho, and Sierra Leone.

The conversations centered on the developmental requirements of each country, potential projects funded through the Economic Development Cooperation Fund (EDCF), and strategies to enable Korean companies' involvement in these projects. Among the projects discussed was the construction of an AI and digital technology training institute in Tanzania, which was approved in August.

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.

Also reported by 1 other outlet

Read the original at koreatimes.co.kr →

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