
Africa, known only as a land of hunger and poverty, is heating up with investment enthusiasm. Africa's rapidly growing population and market, with abundant natural resources, presents a decisive opportunity for the global market in a slowing environment compared to its growth. Here is a company that the domestic financial industry should pay attention to "GEMCORP" located in London, England.
'GEMCORP' is an asset management company and the company's founder and chairman is 'Atanas Bostandjiev.
'GEMCORP's core strategy is to invest in special businesses, situations, and opportunities across emerging markets. 'GEMCORP' turned to the Asian market as a new market and pointed to 'Mplus Asset Management Co., Ltd.' under the Military Mutual Aid Association as a Korean agent.
On May 8, 2024, 'GEMCORP' and Mplus Asset Management Co., Ltd. signed a strategic business partnership and held an agreement ceremony to create a Saudi fund in the Middle East.
Through this agreement ceremony, Mplus Asset Management Co., Ltd. will attract $500 million worth of funds to create a Saudi fund for 'GEMCORP' in Korea. In addition, Atanas Bostandjiev, chairman of 'GEMCORP', decided to negotiate with the Saudi government to ensure that Korean companies and technology products can be actively introduced into the Saudi Vision 2030 project.
Atanas Bostandjiev of "GEMCORP," Kim Young-kyu, CEO of Mplus Asset Management Co., Ltd., and Kim Joon-young, Chairman of GIGSA Co., Ltd., attended and signed the agreement.

GIGSA Co., Ltd. served as a bridgehead for 'GEMCORP' and Mplus Asset Management Co., Ltd., and is Korea's first private military company and is currently expanding its overseas business areas such as resource development and other energy.
In addition, 'GEMCORP' has raised about 8.2 trillion won in funds in a very short period of time since its foundation. Kim Young-kyu, CEO of Mplus Asset Management Co., Ltd., sees this as an investment by a growth-oriented company through the sophisticated and rigorous risk management system of 'GEMCORP' and expertise in each field.
