‘African wave’ makes splash at İstanbul summit

An African businessman samples food on the summit’s second day, which saw a number of African businesses sign trade deals with their Turkish counterparts. (Photo: İHA)
An African businessman samples food on the summit’s second day, which saw a number of African businesses sign trade deals with their Turkish counterparts. (Photo: İHA)


Date posted: November 26, 2013

CUMALİ ÖNAL, İSTANBUL

The second day of a global trade and investment summit in İstanbul saw increased interest from African companies in Turkish markets, with some major deals in the works.

Organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON), the World Trade Summit opened its doors to visitors from around the world on Monday. The summit, which will run through Nov. 26, is hosting 1,343 foreign firms and 800 local firms and expects to facilitate 25,000 business-to-business transactions.

The TUSKON summit is sponsored by the Economy Ministry and the Turkish Exporters Assembly (TİM).

The summit’s second day saw a number of African businesses sign investment and trade deals with their Turkish counterparts in various sectors including retail, food, media and agriculture. The theme of the TUSKON summit is food and agriculture, and the participating companies are focused on these industries.

One of the African entrepreneurs at the TUSKON summit was Thokozani Zulu from South Africa. The son of the autonomous Zulu region’s king, Zulu has agreed to buy food retail goods worth TL 10 million ($5 million) from Turkish suppliers. Underlining the importance South Africa has attached to rapprochement between Turkey and African nations over the past decade, Zulu said his company expected to further increase trade links with Turkish partners. Zulu said his firm would make new investments at home to provide jobs for thousands of unemployed youths.

Tanzania’s Orbit, a firm active in the construction and agriculture sectors, also had a presence at the summit. Orbit representatives said they were looking for Turkish partners to make investments in Tanzania. An entrepreneur from Malawi, Kush Mittal, said he had held talks with Turkish companies on working together in the energy and food sectors.

The summit also attracted African media companies. One of them is Senegalese D-Media; the company’s CEO, Bougane Gueye, said the firm is considering buying broadcast rights for Turkish TV series. “Different series from different countries are popular in Senegal. We heard how Turkish products have made fame in this surrounding region and we are close to bringing them into our country soon,” he told Today’s Zaman.

Firms from the Americas were also busy at Tuesday’s summit, including Grupo Pão de Açúcar (GPA), South America’s largest retailer. The company has been looking into importing food items from Turkish providers since last month. Cristiana Campos, from the Brazilian company’s marketing division, told Today’s Zaman that GPA had agreed to buy Turkish products at the summit. Another South American company at the summit was Paraguay’s DVC, and general manager Daniel Villacorta said the firm will buy Turkish food products worth $1 million.

This is the 18th edition of the TUSKON event. The previous summits saw more than 28,000 foreign and 50,000 Turkish businesspeople participate, making deals worth an estimated $26 billion.

Source: Today's Zaman , November 26, 2013


Related News

Turkey in 2014: Not too bright [Witch-hunt against Gulen Movement expected]

As I have written before, if there are bureaucrats who misuse their authority to serve the interest of the Gülen Movement, or any other entity, the government certainly has the right to fire them and bring them to justice. However, what Dilipak describes is a much larger scale witch-hunt, which can only violate many civil liberties and raise the tension in society to new heights.

Turkish ambassador leads an unrealistic mission: bringing a reclusive Muslim cleric before Turkish courts

Although Turkey immediately blamed Gulen for the coup attempt, it took Ankara nearly six weeks to make a formal request for his extradition — and that was based on earlier alleged crimes, not for his supposed role in the coup.

Will Erdoğan succeed in wresting away the reins of religion from civilian hands?

I am going to talk about a situation similar to the process by which the tools of production become state possessions. These are concepts far removed not only from Western culture but from socialist ideologies as well.

Bilal Erdogan: Italy names Turkish president’s son in money laundering investigation allegedly connected to political corruption

Bilal Erdigan, son of the Turkish President Tayyip Erdogan, is under investigation in Italy for money laundering, in connection, it has been claimed, with the 2013 corruption scandal that rocked the Turkish political establishment. The Bologna public prosecutor has opened a file on Bilal Erdogan after a key opponent of the Turkish regime officially denounced the president’s son, alleging he brought in large amounts of money to Italy last September to be recycled.

Turkish PM Yıldırım names July 15 coup attempt as ‘project’ he did not like

In remarks that fueled suspicions even further that the Turkish government was involved in a failed coup attempt in Turkey on July 15, 2016, Turkish Prime Minister Binali Yıldırım said on Thursday that July 15 was a “project” he did not like or approve of.

Erdoğan’s accusation that Hizmet organized the coup attempt is noxious and absurd

The name of that “terrorist organization” was not spoken, but Ökem was referring to the so-called Fethullahçı Terör Örgütü. To the rest of the world, it’s the Hizmet movement founded by Fethullah Gülen, a former close and important ally of Erdoğan. No one else sees it as violent. Erdoğan’s accusation that it organized the coup attempt is noxious and absurd.

Latest News

Crimes Against Humanity in Erdogan’s Turkey

Exiled journalist warns of a genocide in the making in newly released book

Vague terrorism charge used to target supporters of the Gülen movement: UN special rapporteurs

ECtHR urges Albania not to deport Gülen follower to Turkey

Woman detained over links to Gülen movement after giving birth

Formerly Gülen-linked schools in Albania face growing gov’t pressure

Exclusive: Turkey, Kosovo violated fundamental rights of expelled teachers, UN body says

Sacked policeman’s grim death sparks debate on COVID-19 data in Turkish prisons

Dissidents of the Turkish government are living in fear in Canada

In Case You Missed It

Al-Nusra Claims Responsibility For Murder Of Russian Ambassador, Warns Of More Attacks

An interview at a party-state

DUTCH MP’S FURIOUS ABOUT PRESSURE FROM TURKISH AMBASSADOR

Kimse Yok Mu to build 4 schools in Sudan

Turkish medical group goes to Tanzania with largest medical personnel team

Policeman, teacher wife and premature baby under arrest over Gülen links

Path of Prophet offers solutions to social ills

Copyright 2021 Hizmet News