Opportunité Africa

Why the time is right for Korea to increase trade with Africa

26 min · 8. maalis 2023
jakson Why the time is right for Korea to increase trade with Africa kansikuva

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In the latest Opportunité Africa [https://podcasts.apple.com/za/podcast/opportunit%C3%A9-africa/id1598495913] podcast, Brendon Jones speaks to Seoul-based attorney Tim Dickens, a partner at DR & AJU International Law Group and the chairman of the South African Chamber of Commerce in Korea. Tim unpacks Korea’s historical hesitancy to invest in Africa and explains why the time is right to change that.

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jakson How to kick-start the manufacturing sector in Africa kansikuva

How to kick-start the manufacturing sector in Africa

Generally, the manufacturing sector in Africa is weak – only a few countries have a solid manufacturing ecosystem. However, there’s a growing interest by governments to set up manufacturing locally, particularly after the implementation of the African Continental Free Trade Area. The agreement allows companies with better industrial development to obtain raw materials from neighbouring countries: Ghana, Ivory Coast and Senegal, for example, can support interior countries like Burkina Faso, Mali and Niger.  Saikat Chowdhury [https://www.linkedin.com/in/saikat-chowdhury-17282a12/?originalSubdomain=sg], the Managing Director of NivéSal [https://nivesal.com/] – a Singapore-based firm involved in project engineering solutions for developing countries, discusses how African countries can kick-start manufacturing locally to drive investment.

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