Korea-Africa Foundation and UNIDO ITPO Korea Hold Letter of Cooperation Exchange Ceremony

The Korea-Africa Foundation held a Letter of Cooperation Exchange Ceremony with the United Nations Industrial Development Organization Investment and Technology Promotion Office Korea (UNIDO ITPO Korea) on the 26th to strengthen cooperation between the two institutions.

This ceremony was organized to formally reaffirm the mutual commitment to cooperation and to lay the foundation for expanding economic and industrial collaboration between Korea and African countries.

Through the exchange of the letter of cooperation, the two institutions agreed to explore collaboration in various areas, including supporting Korean startups and SMEs in entering African markets, promoting investment and technology exchange, and expanding innovation-driven partnerships. In particular, both sides plan to leverage their respective expertise and networks to strengthen linkages between private sector actors and cooperate in identifying joint projects that contribute to sustainable industrial development and inclusive growth.