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The Korea-Africa Economic Cooperation (KOAFEC) was established in 2006 as a major platform to drive Korea’s development initiatives in Africa. The KOAFEC secretariat facilitates and coordinates development programs, while the Consultative Group, comprised of African Development Bank’s Executive Directors provides advices to the secretariat and reviews the Action Plan. The KOAFEC aims to deliver concrete results through the indicative investment projects identified in its Action Plan in 6 main cooperation areas, namely: energy and infrastructure, ICT, human resources development, agricultural development, green growth support, and sharing of Korea’s development experiences. The two main building blocks of the KOAFEC are the Ministerial Conference and the Public-Private Partnership Forum.

Ministerial Round Table

The KOAFEC Ministerial Round Table is the largest intergovernmental gathering represented at the highest level, bringing together Ministers of economy from African countries, the President of the African Development Bank, African delegations (key figures of government ministries), and international organizations in Africa such as the African Union. It is held every two years with the objective to promote high-level policy dialogue on Korea-Africa cooperation.

Title 2018 KOAFEC (Korea-Africa Economic Cooperation) Conference
Date May 22 (Tue) & 24 (Thu), 2018
Venue BEXCO, Busan, Korea
Theme Africa and 4th Industrial Revolution: Opportunities for leapfrogging?
Hosted by Ministry of Strategy and Finance of the Republic of Korea, African Development Bank Group and Export-Import Bank of Korea
Expected No. of Participants 4,000 participants
- Representatives from African Countries, World Organizations, Entrepreneurs
- Press and Media
Language English, French and Korean
* Simultaneous Interpretation will be provided during the sessions

* For more information on the 2018 KOAFEC Conference, please visit the official website.

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