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October 07.2025
2 Minutes Read

The 5th Turkish-Africa Economic Forum: Building Economic Bridges for Global Success

Turkish-Africa Economic Forum colorful emblem with intertwined lines

Exploring the 5th Turkish-Africa Economic Forum: A Gateway for Business and Investment

The 5th Turkish-Africa Economic Forum (TABEF), set to take place on October 16-17, 2025, in Istanbul, marks a significant step towards strengthening the economic ties between Türkiye and African nations. Hosted at the reputable Istanbul Congress Centre (ICC), this forum is positioned as a melting pot for innovative partnerships, trade discussions, and investment opportunities in various sectors.

The Forum's Significance in Africa's Economic Landscape

As Africa strives for socio-economic growth, the TABEF serves as an essential platform that underscores the continent's evolving relationship with Türkiye. Under the opening theme "Leveraging Türkiye-Africa Relations for Mutual Gains," this biennial event aims to attract high-level participants including Heads of State, ministers, and key business leaders. With agriculture, digital infrastructure, and textiles as priority sectors, the forum offers rich opportunities for investment and collaboration.

Key Contributions of Turkish Investment in Africa

Over the last two decades, Turkish investments in Africa have skyrocketed, with Türkiye's trade volume with African countries surging from a mere USD 5.4 billion in 2003 to over USD 40 billion by late 2022. This growth is bolstered by Türkiye's active participation in diverse sectors including healthcare, tourism, and technology, manifesting its commitment to partnerships that drive mutual prosperity. The total direct investment stock has now exceeded USD 10 billion, reflecting Türkiye's role as a crucial economic player on the continent.

Creating Collaborative Opportunities for Growth

While this forum aims to address current challenges and goals, it especially focuses on how to foster Public-Private Partnerships (PPPs) that facilitate innovation and sustainable development. The discussions will not only be theoretical; they are designed to incite actionable insights that can be implemented across various sectors, demonstrating Türkiye’s partnership model as a successful template for economic growth.

Future Predictions for Türkiye-Africa Relations

Looking ahead, the expectation for the upcoming forum is paired with ambitious goals that reflect the evolving geopolitical landscape. Turkey aims to finalize new Free Trade Agreements and increase investment avenues that could elevate trade volume beyond USD 45 billion by 2026. In this context, TABEF becomes not just a meeting of economic minds, but a concrete step toward a collaborative future filled with possibilities.

The Path Forward

As the world watches the dynamic interaction between African and Turkish leaders, stakeholders must prepare to engage and explore the myriad opportunities available. With sectors like agriculture, technology, and tourism at the forefront, both regions are set to create a pathway leading to substantial economic development and shared benefits. The forum encapsulates a vision of cooperation, offering a unique lens on the potential for growth through strategic partnerships.

For business leaders, policymakers, and investors, the upcoming TABEF represents a chance to redefine their engagement strategy with Africa, ensuring they are part of this growing narrative of African economic empowerment.

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