In partnership with the African Development Bank, Korea expressed its readiness to step up technology transfers to Africa, officials said in Seoul today.
Tag: Busan
African Development Bank disbursement increases 15 percent
The African Development Bank (AfDB) disbursements reached $7.81 billion in 2017, a 15 percent increase over 2016 and the highest on record for the Bank.
Korea boost bilateral financial assistance for Africa to $5 billion
The Korean government announced increasing its bilateral financial assistance package for Africa to $5 billion until the year 2020.
Forum discusses Africa disaster risk financing program
Focusing on the Role of the African Risk Capacity (ARC) and the Africa Disaster Risk Financing Program (ADRiFi) a high-level forum took place in Busan, Korea.
Development financier advises Africa to diversify energy sources
The African Development Bank, which begins its annual meetings this morning in Busan, Korea advises African countries to diversify their energy sources in order to sustain their industrialization efforts.
Manufacturing industry share in Africa goes down
Industrial development and value addition in the manufacturing sector in Africa has declined over the last eight years costing the continent $72 billion.
How Ethiopia gets Korean development model wrong
By Andualem Sisay Gessesse [OPINION] – During the 53rd annual meetings of the African Development Bank Group I got the opportunity to see the beautiful city of Busan South Korea. I couldn’t believe that this is the country to which Ethiopia sent some 3,000 troops under the United Nations to reverse the North Korea invasion […]