01 Nov 2016 15:20pm
ONGWEDIVA, 01 NOV (NAMPA) The first-ever Turkey-Africa Economic and Business Forum is taking place in Istanbul, Turkey on Wednesday and Thursday.
Deputy head of mission at the Turkish Embassy in Namibia, Tolga Arslan confirmed this to Nampa on Monday.
Arslan said 34 African countries, including Namibia, will be represented. Two of the African countries will be represented by presidents, one by a prime minister and the rest will be represented by either economic/trade ministers or deputy ministers.
Namibias Deputy Minister of Industrialisation, Trade and Small and Medium Enterprises (SME) Development, Peter van der Walt will represent the country at the forum.
Some 750 business personalities from different African countries will also attend the forum, stated Arslan, adding that the forum is seeking cooperation for business opportunities between Turkey and Africa.
It is also about encouraging both the Turkish and African private sector to create investment opportunity on both sides, as well as to increase interaction between the business communities of Turkey and Africa.
Activities during the forum include bilateral, business to business (B2B) and business to government (B2G) meetings.
The results of the forum will be discussed and agreements will be signed between Turkey and African countries, Arslan noted.
Under the B2G, government representatives are anticipated to present projects of their respective countries with the aim of finding partners, financing and contractors.
The Turkish government last month also hosted the 23rd World Energy Congress which was aimed at providing unique opportunities to address critical priorities of the energy sector.