Vice-President Saulos Chilima who is attending the Korea-Africa Summit in Seoul South Korea.

At stake at the summit which kicked-off today, is the multi-billion dollar offer to African countries through concessional loans amounting to $10 billion (about K17.5 trillion) and for Korean companies to expand their footprint into the African countries.

This morning, Chilima held several side meetings highlighting Malawi’s potential as a gateway to the Southern African Development Community market. He met South Korea’s President Yoon Suk Yeol and First Lady Kim Keon-hee before meeting former United Nations secretary general Ban Ki Moon.

Chilima is at the summit alongside Minister of Agriculture Sam Kawale, Minister of Foreign Affairs Nancy Tembo and Deputy Secretary to the President and Cabinet Janet Banda.

Source:Mana