South Korea
South Korea is a country located in East Asia, occupying the southern portion of the Korean Peninsula. The capital is Seoul, a major global financial and technology hub. With a population of approximately 52-million people, South Korea has developed into one of the world's most advanced economies, ranking among the top 15 by gross domestic product. The country is a leading exporter of electronics, automobiles, ships, petrochemicals and steel, with globally recognised brands including Samsung, Hyundai and LG driving its industrial base. South Korea's currency is the won (KRW), issued by the Bank of Korea. The government operates as a presidential republic with a strong emphasis on export-led growth and technological innovation. South Korea is a member of major international economic organisations including the G20, the Organisation for Economic Co-operation and Development and the World Trade Organization. The nation maintains significant foreign exchange reserves and has emerged as an important source of development finance and investment for African countries, particularly through infrastructure projects and technology partnerships. Since the end of the Korean War in 1953, South Korea has transformed from a war-torn agrarian economy into a high-income industrialised nation, a transition often cited as an economic development model for emerging markets.
South Korea Updates
Africa’s capital must stay home to plug its financing gap: how it could be done
21st May 2026 Africa is providing cheap liquidity to wealthy nations. In return it is paying huge interest rates to external institutional investors at the cost... →
South Africa's green hydrogen pursuit spelt out at UNIDO conference 
By: Martin Creamer 8th April 2026 South Africa spelled out a detailed green hydrogen pursuit roadmap at the United Nations Industry Development Organisation (UNIDO) conference... →
Stocks sink, oil leaps back towards $110 as Trump vows to keep hitting Iran
By: Reuters 2nd April 2026 Oil prices surged and global equity and bond markets recoiled again on Thursday after US President Donald Trump dashed hopes of a swift resolution... →
Expert warns of ‘critical new phase’ in Iran conflict
By: Thabi Shomolekae 31st March 2026 As the joint US-Israeli military campaign against Iran enters its second month, Stellenbosch University Professor of Military Science Abel... →
Global rollout of hydrogen buses advancing, World Platinum reports
By: Martin Creamer 26th March 2026 The rollout of platinum-based hydrogen fuel cell buses is advancing worldwide, driven by technology improvements, the World Platinum Investment... →
US urged France to revoke South Africa G7 invite, Pretoria says
By: Bloomberg 26th March 2026 France withdrew an invitation for South Africa to attend a summit of Group of Seven leaders in June following pressure from the US, President Cyril... →
Trade ministers meet in Cameroon for critical WTO reform talks amid deep divisions
By: Reuters 26th March 2026 Trade ministers will meet in Cameroon on Thursday for crucial discussions on reforming the World Trade Organization, as some diplomats and trade... →
Necsa to tender for new multi-purpose research reactor
By: Reuters 24th March 2026 South African nuclear energy firm Necsa will soon launch the next phase of a tender for a new multi-purpose research reactor aimed at maintaining... →
South Africa will run out of industrial gas by 2028 and 70 000 jobs could be lost – why government fixes are lacking
18th March 2026 South Africa is about to have a gas supply crisis. Hundreds of South African factories, making everything from steel and glass to beer and soft... →
Allianz Trade maintains South Africa’s stable risk rating
By: Tasneem Bulbulia 16th February 2026 Trade credit insurance company Allianz Trade has maintained South Africa’s risk rating at stable in its latest Country Risk Atlas, as the country’s... →
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