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Africa: KOAFEC 2026 - African Development Bank and Korea's Export-Import Bank Strengthen Partnership to Finance Africa's Strategic Priorities

Africa 1 source 1 country 🔦 Under-reported 19m ago

[African Development Bank (AfDB)] On Tuesday 8 September in Seoul, the President of the African Development Bank Group, Dr Sidi Ould Tah, met with Koo Yun-cheol, Deputy Prime Minister and Minister of Finance and Economy of the Republic of Korea, ahead of the 8th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference, which also marks the 20th anniversary of this partnership. [African Development Bank (AfDB)] The African Development Bank Group (AfDB) and the Export-Import Bank of Korea (KEXIM) have signed a new memorandum of understanding to deepen co-financing cooperation on projects across Africa and mobilise additional resources for the continent's sustainable development.

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