Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
A Unique Platform Promoting Africa and Turkey Investments and Trade Relations to  “Create Long-Lasting Business Cooperation”

Turkey and Africa have been demonstrating significant endeavors to pave the way for enhancing cooperation based on mutual benefits. In this context, inclusive growth and sustainable development goals, as central constituents of the Agenda 2063 of the African Union and the 2030 Agenda for Sustainable Development of the United Nations, provide a suitable framework and guidance for the direction the Turkey-Africa partnership needs to further explore.

Meanwhile, the African Continental Free Trade Area (AfCFTA) will usher into a new era which presents its own opportunities for Turkey and Africa. AfCFTA is expected to boost intra-African trade and investments significantly, thereby serving as a catalyst for economic growth and development as well as industrialization. The favorable continental trade and investment environment the AfCFTA is expected to create, has the potential to help ever strengthen Turkey-Africa partnership.

Africa and Turkey could well benefit from mutual exchange of expertise in efficiency and productivity in sectors such as infrastructure, energy, Technology, manufacturing, agriculture, transports and logistics.

While establishing direct trade links between Turkey and Africa would benefit from improved partnerships, it is also vital for achieving the potential in these sectors. Logistics should come into play to maintain functioning and effective trade. In this regard, challenges stemming from transportation costs and inadequacy of infrastructure need particular attention. Turkey and Africa therefore clearly need to further bolster their connectivity. Better connectivity between Turkey and Africa through logistics will translate into increased investments and increased value-chain integration that will facilitate the spread of technology.

The importance of agriculture in food and nutrition security, poverty reduction and overall economic growth is also critical, while transforming Africa’s agriculture into a modern and dynamic sector faces major challenges. These include limited investments, technologies, knowledge and infrastructure to link input and output markets across the continent.

Rapid economic and population growth in Africa, particularly in the continent’s growing cities, are posing challenges for the energy sector. In the meantime, falling costs of key renewable technologies are opening up new avenues for innovation and growth.

Against this background, the COVID-19 pandemic continues to pose an immense global challenge and partnerships are ever more important for ensuring the resilience of the economies. The next level in Turkey-Africa partnership may be achieved thorough exploration of trade, investment, technology and logistics nexus.

In accordance with the decisions taken in the 2nd Session of Turkey-Africa Partnership Summit held in Malabo, Equatorial Guinea in November 2014, Turkey and Africa is organizing the Turkey-Africa Economic and Business Forums periodically since 2016.

The First Turkey-Africa Economic and Business Forum was held in ?stanbul, on 2-3 November 2016. Trade/Economy Ministers from 42 African countries, as well as over 2.000 businessmen and officials attended the Forum. The Second Forum was held on October 10-11, 2018, in Istanbul, with the “Investment on the Sustainable Future Together” main theme. The event was honored by President of the Republic of Turkey and President of the Federal Democratic Republic of Ethiopia, Republic of Rwanda President, and 26 Ministers from 43 African countries and over 2,500 business people attended.

Due to the COVID-19 pandemic measures, Turkey-Africa Economic and Business Forum, “Turkey-Africa: Partners in Resilience” was held online on 8-9 October 2020. The Forum was honored by President of the Republic of Turkey and attended by 15 Trade/Economy Ministers from 26 African countries and senior officials. On the margins of the online edition of the Forum, virtual B2B meetings and attendee interactions were held.With the objective of building upon the outcome of its successful predecessors, the Third Forum will be held on 21-22 October 2021 in Istanbul, Turkey.

The Forum will provide an open space for eminent representatives of Public and Private sector actors, from both Turkey and Africa to discuss and—build on their respective experiences—jointly identify a set of recommendations for scaling up private sector engagement and innovative catalytic Public-Private Partnerships for broad-based, sustainable, inclusive growth and development.

21-22 October 2021 | Istanbul Congress Center | Istanbul & Ethiopia Time (GMT+3)
All sessions will be translated in Turkish, English & French

Inauguration Ceremony
Launch of The Turkey-Africa Investment & Trade Platform
Turkey-Africa Business Award Ceremony
Luncheon in the Honour of Guest Ministers hosted by H.E. Dr. Mehmet MU Minister of Trade of the Republic of Turkey

(Ministers Only)
Bilateral Meetings between the Ministers 

(Ministers & Officials Only)

B2B Meetings / Panel Sessions / G2B Sessions

Panel-I: “Collaboration between Turkey and Africa on Technology, Agricultural Production and Manufacturing”
G2B-I: “Energy Sector Investment Opportunities in Africa”

Panel-II: “Turkey’s and Africa’s Approach to Innovation and Increasing Investment and Health Partnership with Africa in Post Covid-19” 
G2B-II: “Agriculture & Fishing Sector Investment Opportunities in Africa”

Panel-III: “Innovative Ways in Promoting and Attracting Tourism & Partnership in Hotel Management”
G2B-III: “Tourism Sector Investment Opportunities in Africa”


Declaration includes 16 articles underlining agenda of meeting and laying out recommendations in many areas

A joint declaration was released Thursday during the third Turkey-Africa Economic and Business Forum, an event for enhancing partnership between Turkey and Africa for development and economic integration.

The two-day forum, which covers topics including Turkey-Africa partnership, collaboration in agriculture, pandemic measures, and innovation, is set to conclude in the Turkish metropolis Istanbul on Friday.

The event was attended by representatives of 45 African countries (out of 54 total), as well as private sector representatives, from both Turkey and the continent.

The declaration included 16 articles underlining the agenda of the meeting and laying out recommendations in many areas.

It stated that the forum supports the African Union's Agenda 2063 and the UN's 2030 Agenda for Sustainable Development for ensuring inclusive growth and sustainable development of the continent.

Praising Turkey's efforts and contributions to promote peace, stability, and infrastructure 

development in Africa, the declaration recommended strengthening collective dialogue, consolidating Africa-Turkey friendship, deepening mutual strategic collaboration, and enhancing the mechanism of practical cooperation between the two sides.

"Taking into consideration the remarkable performance shown with its steady growth over the last decade and being a major economic power in its region, Turkey expressed its readiness to share its development experience in different fields in order to broaden and strengthen the cooperation with African (Union) Member States," it underlined.

The forum encouraged the private sector to invest in priority areas such as technology, tourism, agriculture, electricity production, transmission and delivery facilities and services, aviation, maritime, education, health, and net zero carbon emissions.

Touching on establishing regional agro-processing and manufacturing hubs in Africa, the forum said they are important in agricultural manufacturing capacities. Mentioning the start of the African Continental Free Trade Area (AfCFTA) in January 2021, the reform said it will pave the way for more opportunities for economic and commercial relations between Turkey and Africa.

"The Forum underlined the important role of Women and Youth in the sustainable development of their countries and expressed its commitment to ensure that women and youth are provided with a conducive environment to enable them taking active part in the commercial and sustainable development spheres of both Africa and Turkey," it stressed.

Messages In This Thread
RE: TURKEY VISION 2053 - by globalvision2000administrator - 12-21-2022, 12:57 PM

Forum Jump:

Users browsing this thread: 4 Guest(s)