South Korea pledges $590m to Africa over two years

October 21, 2012 by admin
Filed under: Culture, Economy, Info, Soft Power 

The South Korean government has pledged more support to African countries by extending $590m in aid and loans over the next two years at the Korea Africa Economic Co-operation Conference (Koafec) last week.

The conference focused on building infrastructure, developing natural and human resources, and supporting agriculture and green growth on the African continent. A detailed action plan was agreed among the dozens of finance ministers and heads of African nations and main international organisations.

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