Young-Chae made this known in his address of welcome at the Republic of Korea National Day Reception, 2023, on Thursday night in Abuja. He explained that currently, humanity is facing daunting challenges, like climate change, disruption of global supply chain, geopolitical conflicts, and the emerging 4th industrial revolution.
He added that all these international challenges could not be effectively resolved without the active participation of Africa. According to him, the Korean Government is enhancing its overall relations with Africa, adding that many Korean companies look at Africa as the next manufacturing base as well as a single market.
“Under this backdrop, the Korean Government has decided to host a Korea-Africa Summit next year (2024) for the first time in its history.
