Africa Energy International

South Korea makes successful Africa nuclear energy push amid worsening electricity crisis

South Africa’s government announced on Tuesday (12 December) plans to increase the country’s nuclear power production, with bids sought from the United States, Russia, France, China and South Korea, just as Korean nuclear energy companies are lining up to win business from different African countries in the face of stiff competition from its rivals. To […]

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South Korea seeks to expand diplomatic, trade ties with Africa

South Korea’s recent announcement of the opening of new diplomatic missions in several African nations signals that Seoul aims to commit more resources to a continent that is widely seen as home to some of the world’s fastest-growing markets, according to experts. When the South Korean government on 7 November announced plans to open 10 […]

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Samsung gets golden license to set mobile phone factory in Egypt

Egypt Wednesday August 30 accorded South Korean tech giant Samsung a golden license to set up a mobile phone plant to produce, after the North African provided the firm another permit to manufacture tablets for educational use. The future factory, 6,000 square meters, is expected to generate 768 direct and indirect jobs and located in […]

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Seoul planning FTA with Morocco to diversify its trading partners

South Korea is planning to sign Free Trade Agreements (FTAs) with seven emerging countries, including Morocco, to boost growth momentum and diversify its trade portfolio. The announcement was made Friday by the South Korean Ministry of Trade, Industry and Energy, which affirmed that Seoul is planning to ink FTAs with Morocco, Kenya, Tanzania, Thailand, Pakistan, […]

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South Korea launches ‘K-rice belt’ covering eight countries in Africa

Korea has launched on Monday a K-Rice project aiming to provide small farmers in Africa with resilient rice varieties that can withstand adverse climate conditions, ensuring improved yields and food security. By establishing the so-called “K-Rice Belt” across eight countries in Africa, the Korean government aims to advance current official development assistance (ODA) programs to […]

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South Korea keen to invest in several areas in Niger

South Korea is considering investing in multiple areas in Niger, chairman of the Asian country’s Private employers’ Council told President Mohamed Bazoum. Chey Tae won “Anthony” who also doubles as Chairman of SK Inc., a holding and IT services company headquartered in Seoul, met with the Nigerien leader in Paris. Both sides, according to the […]

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Italy charms Congo to back candidacy to host Expo 2030

Italy is counting on Congo-Brazzaville to back a bid to organize World Expo 2030 in the city of Rome, the European country’s ambassador to the African country indicated Saturday. Luigi Diodati, marking the 77th anniversary of national celebration, indicated that Rome is counting on Brazzaville to win rights to host the global event. The Italian […]

Asia Business Emerging Markets Headlines International Morocco

Green Transport: Marrakesh to receive 20 electric buses from South Korea

Korea’s International Cooperation Agency (KOICA) will donate Moroccan city of Marrakesh 20 electric buses worth $7.5 million. These zero emission buses will help improving air quality in one of the world most popular tourist destinations. The grant’s agreement was inked Wednesday by KOICA Chief in Rabat Yongwoo Jeong, president of the Council of Marrakech-Safi region […]

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Electric Vehicles: LG Energy Solution Chooses Morocco to Secure Lithium Supplies

Morocco’s gigafactory ecosystem is taking form. South Korean LG Energy Solution Ltd, the world’s 2nd-largest battery maker for electric vehicles, turned to Morocco to secure lithium supplies through an association with Chinese Yahua. On Wednesday, LG Energy Solution Company signed a Memorandum of Understanding with lithium compound manufacturer Yahua to produce lithium hydroxide in the […]

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South Korea resumes charter flights to Egypt after several years of suspension

South Korean airlines operated last Friday two charter flights to Cairo International Airport following several years of suspension. The first flight, operated by Asiana Airlines, came from Seoul with 295 passengers onboard, while the second flight was operated by Korean Air, Egypt Today reported. In November, South Korea’s Ambassador to Egypt Hong Jin Wook affirmed […]