By BUSINESS REPORTER
KOREAN expertise is ready to provide a practical and pragmatic solution to a wide range of Africa’s most pressing technology needs, says Director Global Strategy Division, Green Technology Centre, Hyung-Ju Kim.
This will be conducted in partnership with the African Development Bank (AfDB).
According to Mr Hyung, there was huge potential for cooperation and immense opportunities for job-creating bankable projects in Africa.
He was speaking at a meeting on potential technology partnerships between Korea and Africa recently.
The range of business options include agriculture, green growth, smart urban transportation management, and numerous business opportunities.
“Korean expertise can provide a practical and pragmatic solution to a wide range of Africa’s most pressing technology needs: The African Development Bank could play a major role here:
“If we bring technology to the table, the Bank can identify and facilitate bankable projects that can boost technology cooperation between Africa and Korea,” said Mr Hyung.
He said with funding from the Korea-Africa Cooperation (KOAFEC) fund, AfDB, in cooperation with Busan Metropolitan City, and the Busan Techno Park, had launched, a pilot project in Tunisia using drone technology.
Mr Hyung explained that this was meant to develop agriculture, including data collection and analysis, monitoring irrigated perimeters, aquifers, the effects of climate change, land degradation, biodiversity, filling and siltation of dams, and overall agricultural production.