Turkish, African business circles gather in Istanbul

Turkish, African business circles gather in Istanbul

Event important for Türkiye-Africa trade target of $75B, chairman of Türkiye's Foreign Economic Relations Board says

By Gokhan Ergocun

ISTANBUL (AA) - Representatives, top officials, business people and experts from Türkiye and the African continent are gathering in the Turkish metropolis Istanbul for the two-day Türkiye-Africa Business and Economic Forum.

The event has been jointly organized by the Foreign Economic Relations Board of Türkiye (DEIK), the African Union, and the Turkish Trade Ministry.

Several sessions are being hosted to discuss infrastructure opportunities, agricultural and industrial cooperation between Türkiye and Africa, digital transformation in Africa, medical technologies, defense and aviation sectors, and investing in African countries.

Nail Olpak, the chairman of DEIK, said important steps will be taken to reach the bilateral trade goal of $75 billion between Türkiye and Africa.

Turkish companies have increased their activities in Africa in last 20 years, he said, adding that the importance of energy, transportation and communication infrastructure investments will increase in the longterm.

"We need to broaden our vision and be more open to global cooperation in these investments," Olpak said.

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