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Ruto: Strategic Kenya - Korea partnership will unlock Africa's potential

He said the partnership with Korean investors will create jobs and foster economic growth

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by VINCENT KIPROP

News04 June 2024 - 09:07

In Summary


  • The President emphasised that these assets remain largely unexploited.
  • In pursuit of mutually beneficial collaborations, Africa seeks robust partnerships with Korean investors.

President William Ruto has underscored the critical role Korea can play in the transformation of Africa.

Speaking when he addressed the inaugural Korea Africa Summit on Tuesday, Ruto said Africa is keen on exploring robust partnerships with Korean investors.

This, he said, will help turn Africa’s enormous potential into opportunity and investment that will create jobs and foster economic growth.

“This summit demonstrates a resolve to elevate this relationship and mobilise political will needed for Africa and Korea to prosper together through mutually beneficial collaborations," President Ruto said.

"To do this, we must leverage on our complementarities and implement win-win strategies on the basis of equal partnership,” Ruto said.

Ruto highlighted Africa’s untapped potential, including its dynamic and skilled youthful population, vast arable land, abundant renewable energy resources and valuable mineral wealth.

The President emphasised that these assets remain largely unexploited.

In pursuit of mutually beneficial collaborations, Africa seeks robust partnerships with Korean investors.

The goal is to create jobs, foster economic growth, and address critical challenges. Key areas of cooperation include food security, science and technology, peace and security, and health security.

The summit was hosted by South Korean President Yoon Suk Yeol at the Korea International Exhibition Centre in Goyang.

It marks a significant step toward strengthening ties between Africa and Korea.

As both regions look to the future, shared growth and sustainability remain at the forefront of their collaboration.


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