Koreatimes.Co.Kr Korea and African Nations Strengthen Supply Chain Cooperation Amid Global Disruptions
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- •Korea seeks to secure critical minerals from Africa amid global supply chain disruptions.
- •The 2026 Korea-Africa Foreign Ministers' Meeting included representatives from 50 African nations.
- •Tunisia is positioned as a strategic gateway for Korean firms to access African and European markets.
Korea is enhancing ties with African nations to secure critical minerals and supply chains amidst global trade uncertainties. This initiative was emphasized at the 2026 Korea-Africa Foreign Ministers' Meeting in Seoul, attended by representatives from 50 African countries. Foreign Minister Cho Hyun highlighted Africa's growing geopolitical significance and its vast mineral reserves, which are crucial for industries like batteries and semiconductors. Tunisian Foreign Minister Mohamed Ali Nafti urged Korean firms to invest in Africa, citing the continent as a strategic gateway for accessing broader markets. The meeting aimed to address supply chain vulnerabilities exacerbated by geopolitical tensions, particularly in the Middle East. Both ministers stressed the need for transformative economic collaboration between Korea and Africa, with a focus on mutual growth. The discussions also set the stage for a second Korea-Africa Summit planned for 2029.
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