Korea on Sunday issued a special travel advisory for most parts of Tanzania amid violent protests following last week's general elections, the Ministry of Foreign Affairs said.
President Yoon Suk Yeol held a series of meetings with leaders of African countries ahead of this week's Korea-African Summit. The whirlwind diplomacy comes as Korea aims to secure critical mineral imports and boost trade ties with African nations.
The Export-Import Bank of Korea will provide $135 million in loans to Tanzania via the Economic Development Cooperation Fund (EDCF) to develop the country's land information infrastructure and expand its resident registration system.
Hyundai Rotem has won a 335.4 billion won ($296 million) contract to supply 80 electric multiple units (EMUs) and 17 electric locomotives to the Tanzania Railway Corporation.
Korea JoongAng Daily Sitemap
