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

Government oppression of confederation hurts Turkish exports to Africa

As a part of a prolonged campaign of intimidation against opposition figures and institutions, the government has been engaging in oppression of the TUSKON — which had had a strong presence in African countries — and contributing to the deterioration of already weakened Africa-bound Turkish exports.

Excitement of Turkish Olympiads felt in Ethiopia

The Ethiopian final of the 12 th International Turkish Olympiads program was held in Sheraton Hotel in the city with the participation of around 450 people, most of whom are the parents of the students attending Internationa Nejashi Turkish School.

TUSKON brings together businesswomen from Turkey, Russia

The Confederation of Turkish Businessmen and Industrialists (TUSKON) organized a meeting in Moscow on Thursday that brought together businesswomen from Russia and Turkey as part of its attempts to establish closer economic ties between the two countries. The businesswomen held talks to seek out business opportunities during the program.

Turkish schools and businessmen mobilized for Izmir’s EXPO candidacy

The Turkish schools around the globe have been making great effort for Izmir’s EXPO 2020 win. The schools and businessmen have taken action so that Bureau of International Expositions committee opts for Turkey in the voting to take place in Paris on November 27th. “What is lost with Olympics can be made up for in EXPO,” Fethullah Gulen had earlier said.

Closing down Turkish schools impossible as demand on rise, says TUSKON head

Though the ruling Justice and Development (AK Party) government is planning to shut down Turkish schools abroad that are affiliated with the Gülen movement, the head of the Turkish Confederation of Businessmen and Industrialists (TUSKON) has said that the demand overseas for such Turkish schools is making them impossible to close.

Turkey’s Maarif Foundation illegally seized German-run school in Ethiopia, says manager

Ethiopia has illegally transferred a school run by German investors to Turkey’s state-run Maarif Foundation, Turkish Minute reported, citing the manager of the school.

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

Fethullah Gulen Deplores Recent Attacks on Christians in Pakistan

Police, inspectors raid Gülen-inspired schools in Manisa for 3rd time

Minister thankful to Fethullah Gulen for backing the peace process

Consultation from Gülen’s perspective: The relationship between the ruler and the ruled

In Conversation with Fethullah Gülen (Interview in Asharq Al-Awsat-I)

Turkey Is No Longer a Reliable Ally

4th International Panel for Sharing Coexistence Experience in Korea

Copyright 2026 Hizmet News