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South Korea agrees to lend billions to Tanzania, Ethiopia

South Korea Boosts Economic Ties with Africa

South Korean President Yoon Suk Yeol announced an accelerated effort to enhance economic ties with Africa. During a summit with leaders from 48 African nations, Yoon pledged $10 billion in development aid and emphasized cooperation on core mineral supplies.

South Korea s Yoon Calls for Greater Cooperation With Africa on Minerals, Trade

South Korea s Yoon Calls for Greater Cooperation With Africa on Minerals, Trade
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South Korea s Strategic Shift: Strengthening Ties with Africa for Mineral Stability and Economic Growth

South Korean President Yoon Suk Yeol announced plans to boost cooperation with African nations to ensure a stable supply of core minerals and promote economic partnerships. In a historic summit, Yoon committed $10 billion in development aid and $14 billion in export financing to support trade and investment across the continent.

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