Vol 4 (AAC) No 2 | SOUTH KOREAAFRICA Seoul’s new strategy 27th December 2010 A new five-year aid plan sets out Seoul’s goal of matching its economic strength in the diplomatic arena South Korea is beginning to take its trade and aid more seriously, and Africa stands to benefit. The Seoul government’s hosting of the G-20 Summit in November again...
Vol 4 (AAC) No 2 | SOUTH KOREAAFRICA The Asian aid summit 27th December 2010 Seoul intends to keep the promises made at November’s G-20 summit and began by hosting a gathering of Asian development agencies on 19 November.
Vol 4 (AAC) No 2 | SOUTH KOREA Kim Jae-shin 28th December 2010 Deputy Minister of Foreign Affairs and Trade, South Korea South Korea’s new Foreign Affairs and Trade Minister Kim Sung-hwan took office in October, pledging closer engagement with Africa. His first emissary is Deputy Minister Kim Jae-shin, whose...
Vol 4 (AAC) No 1 | SOUTH KOREAAFRICA Stalemate in Seoul 18th November 2010 The economic and currency quarrels of the big powers overshadowed President Lee’s efforts to commit the G-20 to stronger development policies African countries, like most states at the Group of 20 summit in Seoul on 12-13 November, saw their core concerns about growing protectionism and investment flows overshadowed by...
Vol 4 (AAC) No 1 | SOUTH KOREAAFRICA Diplomatic wins and aid wobbles 18th November 2010 The 12-13 November Group of 20 Summit in Seoul afforded a great opportunity for South Korea to boost its Africa diplomacy. This is based on a modest aid budget, multibillion...
Vol 4 (AAC) No 1 | CONGO-KINSHASASOUTH KOREA Hyperactive relations 18th November 2010 South Korean President Lee Myung-Bak is due in Kinshasa in early 2011 to reciprocate Congolese President Joseph Kabila’s visit to Seoul in March. This month, the Korean International...
Vol 3 (AAC) No 12 | CONGO-KINSHASASOUTH KOREA Cooperating with Cohydro 21st October 2010 Korea National Oil Corporation is discussing a potential strategic partnership with the parastatal Congolaise des Hydrocarbures. KNOC President Kang Young-won and Cohydro Chairman Séraphin Tshibambe Ndjibu were in...
Vol 3 (AAC) No 11 | SOUTH KOREAAFRICA Seoul's modest but steady progress 22nd September 2010 South Korea cannot match the deals made by China nor can it provide the same levels of aid as countries in North America and Europe. Still, that does not stop...
Vol 3 (AAC) No 11 | SOUTH KOREA Chun Seung-hun 22nd September 2010 President, Korea Institute for Development Strategy South Korea has come late to the African party. Seoul's anxiety to match Japan, China and India's engagement with the continent has seen it emulate many of their multilateral development forums...
Vol 3 (AAC) No 10 | LIBYASOUTH KOREA Gadaffi guns for Seoul's spy 17th August 2010 An espionage row is holding up progress on a US$438 million project. An espionage row in which Libya expelled one of Seoul’s secret agents is holding up progress on a US$438 million project signed on 6 August between South Korea’s...
Vol 3 (AAC) No 10 | GHANASOUTH KOREA Scepticism grows over STX houses 17th August 2010 A feistier opposition in Parliament demands more scrutiny on Seoul's multibillion-dollar housing deal Members of Ghana's opposition are demanding more due diligence on the government's US$1.5 billion housing deal.
Vol 3 (AAC) No 8 | SOUTH KOREAAFRICA Out of the starting blocks 17th June 2010 On 24 May, Seoul’s Strategy and Finance Ministry identified Algeria, Ethiopia, Congo-Kinshasa, South Africa and Tanzania as ‘strategically important’ countries in its economic cooperation with Africa. South Korea...
Vol 3 (AAC) No 7 | GHANASOUTH KOREA Building on oil money 20th May 2010 The US$10 billion STX housing deal gets its first hearing in Parliament just as the government prepares to borrow $1.5 bn. in future oil revenues The Ghanaian government is proposing to put up US$1.5 billion of its future oil revenues to finance the first phase of a controversial housing project with the South Korean construction...
Vol 3 (AAC) No 6 | CONGO-KINSHASACHINASOUTH KOREA More multibillion mining contracts for Kinshasa 22nd April 2010 President Kabila’s trip to Seoul yields another multibillion-dollar mining deal just as a midway review of China’s US$6 bn. contract is completed Five years after his first official visit, President Joseph Kabila returned to South Korea on 29-30 March. Two protocols were agreed. The first accord seeks to replicate China’s US$6...
Vol 3 (AAC) No 6 | SOUTH KOREA Lee Myung-bak 22nd April 2010 President, South Korea Lee Myung-bak has kept Africa high on his agenda and has continued his predecessor’s Africa-friendly policies. A second Korea-Africa Economic Cooperation Conference was held in 2008, emulating the...
Vol 3 (AAC) No 4 | SOUTH KOREA Kim Hyong-o 12th February 2010 National Assembly Speaker, South Korea The January trip to North Africa of South Korea’s Kim Hyong-o served two main objectives – to promote trade and to lay the groundwork for a non-permanent seat...
Vol 3 (AAC) No 3 | SOUTH KOREA Shin Kak-soo 15th January 2010 Deputy Minister for Foreign Affairs, South Korea Under President Lee Myung-bak, South Korea is devoting more attention to Africa. In 2009, Lee pledged to double aid to Africa to US$200 million. Shortly after, Seoul hosted...