Lisbon, June 1, 2026 (Lusa) - Mozambique’s planning and development minister, Salim Valá, called in Seoul on Monday for South Korea’s cooperation in developing “emerging sectors” in the African country, such as green hydrogen and technological innovation.
"Mozambique deeply appreciates South Korea’s support and sharing of expertise, in a spirit of international solidarity, in promoting solutions for renewable energy, rural electrification, water resource management and adaptation to climate change," Valá said at the 2026 Korea-Africa Foreign Ministers’ Meeting.
He added that ongoing initiatives “in the areas of solar energy, early warning systems and the sustainable management of natural resources” in Mozambique, some with the support of South Korea, “have contributed positively to strengthening the climate resilience of our communities”.
"Mozambique is committed to continuing cooperation with South Korea in emerging areas such as green hydrogen, technological innovation, digital transformation and the training and empowerment of young people, which are vital pillars for strengthening our sustainable development agenda," he further emphasised during his address at the forum.
He added that Mozambique “firmly believes” that the Korea-Africa partnership “can play an important role in building a more inclusive, resilient and sustainable future”, given that the continent “has a large young and entrepreneurial population, untapped natural resources and growing emerging markets”.
"We have come here to highlight the contribution of Korean investment, particularly from Kogas, Daewoo and Samsung, to the Liquefied Natural Gas Exploration Project in Area 4 of the Rovuma Basin, Korean participation in various digital transformation initiatives, and the partnership through the Korea-Africa Food and Agriculture Cooperation Initiative (KAFACI), and to ask the government and the Korean business sector to continue the fruitful collaboration we have been maintaining, giving it new impetus in the future," said Valá.
As an example, he highlighted the interest of the South Korean giant Daewoo in “establishing fertiliser plants in Mozambique”, describing it as “an important initiative that combines natural gas processing in the country, the promotion of the manufacturing industry and the increase in agricultural productivity, as well as the possibility of exporting fertilisers to neighbouring countries”.
He also expressed Mozambique’s interest in continuing to collaborate with the Korean Exim Bank to facilitate concessional financing of $1 billion (€858 million) under the 2024–2028 Framework Financing Agreement, signed in 2024.
Mozambique, he said, welcomes the progress made in joint responses to global challenges since the 2024 Korea-Africa Summit, “in particular in the development of strategic initiatives aimed at deepening cooperation in priority sectors, including energy, critical minerals, economic integration, maritime security and sustainable development.
These actions reflect Korea's commitment to “consolidating a strategic, pragmatic and results-oriented partnership, based on the promotion of common interests, the resilience of value chains and the strengthening of cooperation between Korea and African countries”.
"Mozambique considers the deepening of cooperation in the sectors of energy, critical minerals, sustainable industrialisation, infrastructure, agriculture and economic transformation to be particularly relevant.
Cooperation in the field of natural gas and the sustainable utilisation of energy resources demonstrates the potential of this partnership to drive industrialisation, job creation and the transfer of technical and technological knowledge,’ Valá concluded.
PVJ/ADB // ADB.
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