The leaders of South Korea and African countries have agreed to initiate a multilateral dialogue aimed at ensuring a stable supply of critical minerals and promoting technology cooperation. During the summit held in Seoul, South Korea pledged to provide up to $10 billion in development aid to Africa over the next six years, along with a commitment to support local companies' entry into Africa through a cumulative $14 billion in export finance by 2030. President Yoon Suk Yeol emphasized the importance of the Korea-Africa Critical Minerals Dialogue, highlighting its potential to create job opportunities and revitalize local economies in Africa. In addition to the launch of the dialogue, South Korea signed two memorandums of understanding related to critical mineral resources trade with African countries. The summit also led to the signing of 12 pacts between South Korea and African countries, including trade and investment promotion framework agreements and discussions on economic partnership agreements. The joint statement from the summit is seen as a guiding compass for future cooperation between South Korea and Africa, with a focus on shared growth, sustainability, and solidarity. The summit also addressed security cooperation, with South Korea and African countries pledging to work together to address security challenges. This includes African nations' commitment to ensuring peace on the Korean Peninsula in line with United Nations Security Council resolutions, while South Korea will continue to contribute to peace and security in the African continent through its naval operations and support for reconstruction assistance in South Sudan.