Hyundai Motor Group and the African Development Bank have signed a Letter of Intent to pursue a long-term strategic partnership aimed at supporting sustainable development across Africa. The collaboration will combine Hyundai’s business capabilities with the development financing expertise of the African Development Bank to identify and advance growth opportunities across the continent. The partners plan to work together in six areas, including clean energy, transport infrastructure and development of the electric-vehicle value chain. The agreement is intended to establish a foundation for broader cooperation supporting Africa’s energy transition, industrial capacity and competitiveness. Specific projects and financing commitments were not disclosed. Post navigation Ukraine Plans Carpathian Investment Summit