The fifth Türkiye-Africa Business and Economic Forum concluded Friday in Istanbul, highlighting growing trade, investment, and sustainable development ties between Türkiye and African nations.
The two-day event, organized by the Foreign Economic Relations Board with the African Union and hosted by Türkiye’s Ministry of Trade, drew around 3,000 African business leaders and thousands of Turkish entrepreneurs, Trade Minister Omer Bolat said.
President Recep Tayyip Erdogan said the forum, launched in 2016, has become “a platform where concrete decisions have been transformed into real projects.”
Francisca Tatchouop Belobe, the African Union’s commissioner for Economic Development, Tourism, Trade, Industry, Mining, described Türkiye as “a valuable partner for Africa’s industrial ambitions,” calling the partnership “mutually beneficial, innovative, and resilient.”
Bolat noted trade between Türkiye and Africa reached 37 billion U.S. dollars in 2024, with a target of 40 billion dollars this year.
On the sidelines, Türkiye and The Gambia signed a memorandum of understanding on energy cooperation, aiming at joint projects in renewable energy, infrastructure, technology transfer, and capacity building. Enditem
Source: Xinhua
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