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CSR Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development

  • (Press Release) Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development
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CSR Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development

(Press Release) Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development
(Press Release) Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development

CSR Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development

(Image) Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development
(Image) Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development
  • Front Row, Left to Right: Dong-Wook Kim (Executive Vice President, HMG); Said Mouline (Head of Morocco’s Agency for Nuclear and Radiological Safety and Security); Tshilidzi Marwala (Rector of the United Nations University); Rob Davies (Former South African Minister of Trade and Industry); Ha-Joon Chang (Professor, SOAS University of London); Woon-Ki Lyeo (President, Korea-Africa Foundation); Ken Kim (Executive Vice President, Hyundai), Sung Kim (Advisor, HMG), Antonio Andreoni (Professor, SOAS University of London); Joanne Bate (COO, Industrial Development Corporation of South Africa) Back Row, Left to Right: Bosung Lee (Vice President, HMG); Heung-Soo Kim (Executive Vice President, HMG); Il-Bum Kim (Executive Vice President, HMG); Gi-Hyun Kim (Vice President, Korea International Trade Association); Soon-Young Hong (Executive Director, Export-Import Bank of Korea); Marit Y. Kitaw (Interim Director, African Minerals Development Centre); Sung-Kyu Park (Vice President, HMG)
  • File Info. JPG / 3.2 MB / Mar 25, 2024 / mk1.jpg
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Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development

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CSR 202403252100
Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development

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  • Participants discuss Korea-Africa private sector cooperation and action plans for energy transition, critical minerals and infrastructure
  • Investment and cooperation opportunities are expected due to the strong interest of African countries in the industrialization of green hydrogen, EVs and batteries
  • The collaboration between Hyundai Motor Group and SOAS CSST aims to facilitate dialogue and research about Africa

Hyundai Motor Group co-hosted a 2024 Korea-Africa Business Forum today in Seoul in partnership with the Centre for Sustainable Structural Transformation (CSST) at SOAS University of London and the Korea-Africa Foundation.
Hyundai Motor Group co-hosted a 2024 Korea-Africa Business Forum today in Seoul in partnership with the Centre for Sustainable Structural Transformation (CSST) at SOAS University of London and the Korea-Africa Foundation. 3.2 MB
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Hyundai Motor Group Co-Hosts 2024 Korea-Africa Business Forum to Foster Partnerships for Sustainable Development
Front Row, Left to Right: Dong-Wook Kim (Executive Vice President, HMG); Said Mouline (Head of Morocco’s Agency for Nuclear and Radiological Safety and Security); Tshilidzi Marwala (Rector of the United Nations University); Rob Davies (Former South African Minister of Trade and Industry); Ha-Joon Chang (Professor, SOAS University of London); Woon-Ki Lyeo (President, Korea-Africa Foundation); Ken Kim (Executive Vice President, Hyundai), Sung Kim (Advisor, HMG), Antonio Andreoni (Professor, SOAS University of London); Joanne Bate (COO, Industrial Development Corporation of South Africa) Back Row, Left to Right: Bosung Lee (Vice President, HMG); Heung-Soo Kim (Executive Vice President, HMG); Il-Bum Kim (Executive Vice President, HMG); Gi-Hyun Kim (Vice President, Korea International Trade Association); Soon-Young Hong (Executive Director, Export-Import Bank of Korea); Marit Y. Kitaw (Interim Director, African Minerals Development Centre); Sung-Kyu Park (Vice President, HMG)
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Hyundai Motor Group co-hosted a 2024 Korea-Africa Business Forum today in Seoul in partnership with the Centre for Sustainable Structural Transformation (CSST) at SOAS University of London and the Korea-Africa Foundation.
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SEOUL, March 25, 2024 – Hyundai Motor Group (the Group) co-hosted a 2024 Korea-Africa Business Forum today in Seoul in partnership with the Centre for Sustainable Structural Transformation (CSST) at SOAS University of London and the Korea-Africa Foundation.


The forum discussed how Korean and African stakeholders can work together as strategic partners for sustainable development amidst ongoing geopolitical uncertainty.


“Africa holds immense potential for strong partnerships and sustainable development,” said Ken Kim, Executive Vice President of HMG Business Intelligence Institute. “Through this forum, we have set the stage for cooperation between South Korea and African nations, and facilitated a fruitful discussion on how to make Korea a truly forward-looking partner for Africa.”


Distinguished participants from Africa included Rob Davies, the Former South African Minister of Trade and Industry and high-level members from Morocco’s Agency for Nuclear and Radiological Safety and Security (AMSSNuR); Industrial Development Corporation (IDC) of South Africa; African Minerals Development Centre (AMDC); South African Chamber of Commerce in South Korea; and United Nations University. Also in attendance were key African dignitaries, including ambassadors and embassy officials from 9 African countries.


Representatives from Korea and SOAS CSST included Ken Kim, Executive Vice President of HMG Business Intelligence Institute; Ha-Joon Jang, Research Professor of Economics and co-director of CSST, SOAS University of London; Woon-Ki Lyeo, President of the Korea-Africa Foundation; and Soon-Young Hong, Executive Director of the Export-Import Bank of Korea.


The forum consisted of a closed session in the morning, where key participants came together to discuss the vision and multi-pronged action plan for Korea-Africa economic cooperation. In the afternoon, an open session was held to explore private-sector cooperation in areas such as energy transition leveraging green hydrogen and critical minerals, and digitalization and supply cooperation strategy. The participants discussed Africa’s energy transition, South African green hydrogen commercialization strategy, investments in alternative energies, Africa’s digitalization progress and its importance for sustainable industrialization, and the challenges and opportunities of a green transition in Africa.


The Group’s participation in the forum is a continuation of the collaboration with SOAS to facilitate dialogue and research about Africa, following an initial announcement made in February this year.

Jiwon Moon

Global PR Strategy & Planning · Hyundai Motor Company

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About Hyundai Motor Group

Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel and construction, as well as logistics, finance, IT and service. With about 250,000 employees worldwide, the Group’s mobility brands include Hyundai, Kia and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all.


More information about Hyundai Motor and its products can be found at:

http://www.hyundaimotorgroup.com or Newsroom: Media Hub by Hyundai , Kia Global Media Center (kianewscenter.com) , Genesis Newsroom

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