Korea to enhance African support
DEVELOPMENT| Oct. 19, 2012, 7:56 p.m.
Korean and African Finance Ministers have agreed on a framework for enhanced co-operation, with ICT support a key factor.
The Minister of Strategy and Finance of the Republic of Korea and representatives from African countries, including Ministers and the President of the African Development Bank, met in Seoul this week, for the 4th Korea-Africa Economic Cooperation Ministerial Conference (KOAFEC).
The Conference was co-organized by the Ministry of Strategy and Finance, Korea Eximbank and the African Development Bank.
Under the theme of inclusive growth, the parties agreed on a set of actions, based on 6 priority areas, to strengthen the framework for enhanced Korea-Africa cooperation.
These include targeted efforts towards inclusive growth – including the promotion of regional integration and trade. Korea has also undertaken to support African countries in the field of education.
Korea also welcomed the collective efforts of Africa’s regional organisations, including the African Development Bank, in devising a comprehensive roadmap and action plan for infrastructure development at the continental level; and agreed to collaborate with the AfDB to develop social infrastructure in African countries and facilitate further cooperation on this front. Korea undertook to support the construction of medical schools, as well as a wide range of infrastructure projects, such as the construction of new roads; research on information technology-based transportation systems and providing training opportunities to African officials in the transport sector.
As an information-technology powerhouse, Korea will share its experience and know-how in the field of information technology, with the aim of assisting African countries to progress towards inclusive growth, by narrowing the information gap and reducing the costs of information-sharing. Korea will also promote cultural exchange, training programmes and consulting services for African government officials and technicians in the field of ICTs; and will help countries to establish national registration systems.
Health, education, agriculture and environmental conservation also came under the spotlight, with Korea undertaking to provide enhanced support of African countries in these areas.
AfDB President Donald Kaberuka said Africa was seeking to understudy the development success profile of South Korea.
MORE DEVELOPMENT NEWS
Dimension Data, Cisco to protect rhino by tracking peopleIn a bid to reduce rhino poaching in South Africa, Dimension Data and Cisco will leverage technology to proactively intervene and stop people entering game reserves illegally. Read More
Global partnership launches programme to save children affected by HIV in LesothoMobile technology will be harnessed to help Lesotho combat the impact of HIV in a new global partnership programme. Read More
Rockefeller Foundation funds nonprofit bringing online business course to AfricaIn May, the Center for Global Enterprise (CGE) will offer a unique online course designed to provide practical management expertise in emerging platform business models opening up new opportunities across Africa and the global economy. Read More
Ethiopia gearing up to transform education through technologyMicrosoft and the Ministry of Education in Ethiopia are coming together to transform education, further innovation and develop employability. Read More
Next Einstein Forum launches global call for a new era in science and technology in AfricaThe Next Einstein Forum has launched a global call for support for Africa’s scientific and technological emergence. Read More
MTN Ghana rewards Heroes of Change for their selfless actsMadam Paulina Opei, Founder of “Save our Lives Orphanage” and a trained nurse was crowned the overall winner of the MTN Heroes of Change Season II at the Accra International Conference Centre. Read More
Egypt to launch digital hub to help Africa better track and control disease outbreaksA new African Health Data and Disease Control Hub will serve as a data, information and communication portal for African citizens, governments and institutions. Read More
MTN Ghana set to collect 1,700 pints of blood for National Blood BankGhanaians from all walks of life trooped to the various MTN’s “Save a Life” campaign blood collection centre across the country to donate their blood to support the National Blood Bank. Read More
Love comes to pupils of Tigo’s Shelter 4 Education ProjectValentine’s Day came early for the pupils and teachers of Obeng Yaw Basic School in Adeiso, and Tupaa MA Basic School in Ga South Municipality. Read More
E-waste collection drive concludes in Côte D’Ivoire with over 70 tonnes collectedThe Ericsson and MTN electrical and electronic equipment waste (e-waste) collection and awareness drive in Côte D’Ivoire has ended with more than 70 tonnes of e-waste collected. Read More
FEATURED STORYNigeria satellite resources to boost economic growth
The Management of NigComSat says Nigeria’s satellite resources are primed to help the nation in accelerating robust ICT infrastructure to boost economic development for the country.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.
COMPANY NEWSRSA research reveals blind spots in threat detection
RSA, The Security Division of EMC, has released the results of a new Threat Detection Effectiveness Survey.Networks Unlimited event highlights SimpliVity's new Omnistack Software
Leading data protection focused distributor invites hyperconverged vendor to discuss disaster recovery and data protection.MTN and Ericsson lead the way with first LTE-U network
To future proof its business, MTN SA, together with Ericsson, has successfully trialled LTE-Unlicensed (LTE-U) at MTN’s flagship channel store in Morningside, Johannesburg.