South Korea to host first-ever Africa summit
South Korea has invited all African heads of state and government to pitch their preferred kind of cooperation at the first-ever Korea-Africa Summit in Seoul
While speaking to a group of African journalists invited to Seoul ahead of of the summit, Chung Byung-won, South Korea’s Deputy Minister for Political Affairs in the Ministry of Foreign Affairs, said there will be something new for Africa.
“Korea is willing not only to increase the quantity but also the quality and efficacy of its assistance to Africa. To this end, it provides tailored support to meet the needs and conditions of each African nation,” he said.
Indeed, Korea’s official development assistance has been smaller compared to other rivals. It has contributed over $18 million since 2016 to support the African Union’s Peace and Security activities. And its direct official development assistance to Africa in 2023 was $6 billion, most of it in non-financial terms such as scholarships, technology assistance to research agencies and training.
Seoul says this assistance brought more local advantage. They cite the Knowledge Sharing Programme (KSP), where South Korea uses its institutions to pair with respective African agencies for a project. Since 2004, KSP has conducted 82 consultation projects in 16 African countries.
Mr Chung said this kind of assistance for Africa will double by 2030. But most of that will depend on the summit outcomes, and if African leaders actually attend and make pitches.
The meeting in June is tailored around the theme of “The Future We Make Together: Shared Growth, Sustainability, and Solidarity”.
Officially, South Korea says the summit will reflect President Yoon Suk-Yeol’s “commitment to fostering a mutually beneficial, sustainable and strategic long-term partnership with Africa, aligning with Korea’s vision of becoming a Global Pivotal State.”
But it will be about seeking business opportunities. Mr Chung said the Korea’s priorities on investment in Africa will be to: “First and foremost, establish a conducive environment for Korean companies to collaborate seamlessly with their African counterparts.”
Seoul also says it is targeting to benefit from the Africa Continental Free Trade Area (AfCTA) agreement and wants to help address some of the trade barriers by supporting the technical rebuild of African customs systems, mimicking its Korean electronics customs clearance system. It won’t be the first country to rush in for AfCTA though. Which means African countries’ priorities will be key.
Ngovi Kitau, a former Kenyan ambassador to South Korea, said African countries should lean on their local think-tanks to prepare policy briefs that will help pitch ideas at the summit.
“It is policy which gets funded, not good speeches,” he told The EastAfrican.
“Two things African leaders must do; they must align with Agenda 2063 of the African Union and they need African think-tanks to hold dialogue and prepare priorities to help them prepare for the issues that matter to Africa,” he said.
Seoul has indicated it is looking at “Africa's burgeoning market and ambitious own growth and supply chain diversification” to boost its firms. It has also indicated African minerals offer lucrative business support for its industries.
Kitau said it should be Africa’s opportunity to argue for local processing of those minerals.