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

Renewed attempt to target firm close to Hizmet exposed

A prosecutor’s office in İstanbul is preparing to launch a new investigation into Kaynak Holding, a Turkish company close to the Hizmet movement, in an alleged attempt to reignite earlier claims of irregularities in the company.

Guest post: Turkey and the problem of political continuity

Erdogan has not only replaced thousands of suspected Gulenists in the police force and the judiciary. He has also sought, with mixed results, to make the Supreme Board of Judges and Prosecutors directly accountable to the government.

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.

Turkey fails to channel money into industry: TUSKON

“A large amount of hot money came to Turkey, along with other developing countries, but Turkey could not use this money to invest into industry,” said Rızanur Meral, chairman of the Turkish Confederation of Businessmen and Industrialists (TUSKON).

TUSKON: Twitter ban a disappointment in information age

Turkish Confederation of Businessmen and Industrialists (TUSKON) Chairman Rıza Nur Meral voiced his disappointment on Friday over the decision by the ruling Justice and Development Party (AK Party), which tries to attract voters with promises of democracy, more human rights, increased rule of law and reforms to gain EU membership, to block access to Twitter.

Benin seeks development with investments of Turkish enterprises

In an exclusive interview with Today’s Zaman, Benin’s Minister of Foreign Affairs Nassirou Bako-Arifari said the purpose of his recent visit to Turkey was to strengthen cooperation between the countries and to seek the benefits of the wide expansion of investments of Turkish enterprises. Highlighting the fact that Turkish businesses have global operations and develop […]

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 school shelters locals in earthquake-hit Nepal

“Here today, the Honorable Gulen’s vision is coming true”, says Malian Minister

Prep school students dominate LYS university entrance exam

Toward a constitutional crisis [in Turkey]

Applicants affiliated with CHP, Hizmet movement face discrimination

65-year-old grandmother looking after twin babies as mother, father in jail for 5 months

Al-Zuhayli says Gülen’s ideas hope of humanity

Copyright 2026 Hizmet News