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

THY’s Topçu defends embargo on papers, defamation campaign

Turkish Airlines (THY) Chairman Hamdi Topçu has confirmed an embargo on the distribution of dailies Bugün, Taraf, Zaman and Today’s Zaman on THY flights and has admitted having withdrawn a huge amount of cash from Bank Asya in an alleged attempt to force the bank out of business.

Turkey’s Erdogan vows to cut off revenues of Gulen-linked businesses

“The business world is where they are the strongest. We will cut off all business links, all revenues of Gulen-linked business. We are not going to show anyone any mercy,” Erdogan said, describing the detentions so far as just the tip of the iceberg. The Turkish authorities had already seized a bank, taken over or closed several media companies, and detained businessmen on allegations of funding the cleric’s movement ahead of the failed coup attempt.

Palauan President: We would like to participate in Turkish Language Olympics

The President Remengesau expressed his pleasure to receive the delegation and delivered a presentation on the Republic of Palau and its people. He further accentuated the significant role that intercultural activities will play in boosting Turkish-Palauan bilateral relations. He also expressed his willingness to have Palauan student participate in the coming Turkish Language Olympics.

Watch out! Anatolian Tigers on the prowl

ATUL ANEJA  They are an unusual group of Turkish businessmen endowed with a strong work ethic, a great spirit of public service, and who revel in camaraderie. Many of them are young first generation “capitalists”, emerging from humble backgrounds and hailing from the small towns and villages of Anatolia — once disparaged by Europhiles as […]

Tension at home hits Turkey’s brand overseas

ESİDEF President Mustafa Özkara said: “Top government officials, who during the Turkish Olympiads only six months ago called the Hizmet movement the ‘peace movement of the century,’ now define the same movement as a ‘parallel structure,’ a ‘gang,’ a ‘criminal organization’ and even Hashashins.

A major scandal by the Mukhabarat state

The voice recordings of four phone calls made to Fethullah Gülen were posted on the Internet at midnight on Monday. As you know, Gülen lives in the US. Those who phoned him are some executives from institutions established and run by the people who are inspired by the Hizmet movement in Turkey. The calls do not have any incriminating content. Rather, one of these unlawfully wiretapped recordings exposes how the Hizmet movement was targeted in a conspiracy by circles close to the government.

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

A bridge from the US to the Turkic world

1-year-old baby with cancer held in Mardin prison with mother: former HDP deputy

Terrorists not true Muslims, says scholar

Damage assessment report for Erdoğan

Indonesian Sultan at Meliksah University in Kayseri

EU’s Flautre says PM Erdoğan’s harsh words against Hizmet not acceptable

Man campaigning for anti-Gülen protest in US Turkish Communist Party member

Copyright 2026 Hizmet News