The Korea-Africa Foundation (President Kim Young-chae) signed a memorandum of understanding (MOU) with Accelerate Africa (CEO Iyinoluwa and Aboyeji), a leading African start-up acceleration program, at the Korea-Africa Foundation Conference room (Seocho-gu, Seoul) on November 12 (Wednesday).

Through this agreement, the two organizations agreed to promote cooperation in various fields to strengthen the Korea-Africa startup exchange and cooperative ecosystem.

In particular, two organizations will cooperate in ▲ Promoting exchange and networking programs between Korean and African start-ups ▲ Sharing information and expertise on innovation, entrepreneurship, and youth development ▲ Conducting joint research, studies and initiatives to strengthen the Korea-Africa start-up ecosystem.

With this agreement, the two organizations plan to strengthen the linkage of innovation ecosystems between the two regions and establish a foundation for sustainable cooperation centered on youth start-ups and technological innovation.

The Korea-Africa Foundation expects to expand practical exchanges between Korea and Africa in the field of start-up and innovation, and lay the foundation for youth in both regions to grow together on the global stage.