Ethiopian and Turkish Business Tycoons Met

Turkish businesses meet their Ethiopian Counterparts
Turkish businesses meet their Ethiopian Counterparts


Date posted: October 27, 2014

ETHIOPIAN

Turkish business delegation met their Ethiopian counterparts at the offices of the Ethiopian Chambers of Commerce and Sectoral Associations on Thursday to surf the business opportunities the two countries offer each other.

Ethiopian Chamber of Commerce and Sectoral Association (ECCSA) Secretary General Gashaw Debebe welcomed the delegation and addressed the potential areas in which the two countries may engage in.

The Turkish business delegation led by CEOs for iNSiAD, TUSKON, MARiFED companies in Turkey discussed various issues with the Ethiopian business communities who have been business partners with Turkish groups. “We see Ethiopia as Africa’s biggest business opportunity,” Ahmet Akiskali, president of INSIAD, said on the occasion. He said that the Turkish business people are yet to be opened for the world as more interest is growing towards Ethiopia.

Gashaw noted that the ECCSA has arranged an international trade fair between Turkey and Ethiopia to take place in Addis Ababa and Istanbul in November. According to the Turkish business delegation, a multibillion-dollar investment is already set up by Turkish companies in Ethiopia. The three companies that signed a memorandum of understanding with ECCSA some six months ago finally resulted in an Ethio-Turkish Business Summit held in Ethiopia in May which highlighted the ever-growing trade and investment links between the two countries as Prime Minster Hailemariam Desalegn hailed it, as a lot of Turkish companies have become promoters of Ethiopia over the last decade.

Most recently, an Ethio-Turkish industrial zone development project being undertaken on the outskirts of Addis Ababa has been suspended by the government due to a potential threat it poses at one of the city’s water treatment plants. The two countries vow to strengthen the promising trade and investment link that has risen more than 400 percent in the last decade while the trade volume jumped from USD 110 million in 2011 to USD 550 million in 2013.

The Reporter Ethiopia

Source: Precise Consult International , October 2, 2014

Tags: | | |


Related News

Ethio-Turkish businesswomen to strengthen business ties

The first-ever delegation of businesswomen from Turkey visited and held business meetings for three days in the capital. The meetings have been organized by the first lady, Roman Tesfaye, who in June, had led Ethiopian delegates to Turkey.

Nigerian President opens Turkish Hospital

President Goodluck Jonathan Thursday inaugurated a $20 million Nizamaye Hospital in Abuja, seen as a remarkable milestone in the bilateral relations between Nigeria and Turkey.

Ethiopian president hails contribution of Turkish schools to education

Ethiopian President Mulatu Teshome said Turkish schools in Ethiopia are considered to be a major contributing factor to the education sector in the country. “There are Turkish schools [along] with the growing number of international and Ethiopian students in the country. As far as providing quality education, it is helping in the development of education, and we don’t have any problems with the schools,” he added.

Calls to boycott Hizmet institutions denting market confidence

Calls that have been made over a period of several months by top government officials, including Prime Minister Recep Tayyip Erdoğan, to boycott schools and institutions run by the Hizmet movement will undermine confidence in Turkish markets, a recent report has said.

Is Hizmet being subjected to genocide? (2)

In a recently leaked voice recording, which was not denied by those involved in it, Erdoğan’s son, Bilal, tells his father that an operation should be launched against the Hizmet movement. All these incidents indicate that the ruling party has used and will use laws in accordance with Erdoğan’s plans. Thus, a group cannot be destroyed solely with mass killings. It can be destroyed also with unfair and unlawful practices by passing specific laws, as we saw in many cases in the past.

TUSKON says systematic campaign of defamation under way

The Turkish Confederation of Businessmen and Industrialists (TUSKON) has criticized what it calls a “systematic campaign of defamation against the business conglomerate,” stressing that its business activities, which help contribute to the Turkish economy, should be welcomed.

Latest News

Turkish inmate jailed over alleged Gülen links dies of heart attack in prison

Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney

Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement

ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment

New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement

European Human Rights Treaty Faces Legal And Political Tests

ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases

Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade

Fethullah Gülen’s Vision and the Purpose of Hizmet

In Case You Missed It

Turkish newspaper ‘Zaman’ shuts down in Germany amid ‘threats’

Erdoğan gov’t supports Iranian contest while obstructing Turkish Olympiad

Bruised by lavish palace, Erdoğan pictures fake Gülen compound

Erdogan’s Changing Aspirations for Somalia

Victims of forced disappearance in Turkey

Bosnian court denies Turkish extradition request for alleged Gülen follower

Lawrence Seidman on Fethullah Gulen and Hizmet Movement

Copyright 2026 Hizmet News