TABEF 2025: Türkiye-Africa Partnerships for Sustainable Economic Growth
The 5th Türkiye-Africa Business and Economic Forum (TABEF) 2025, held in Istanbul, marked another milestone in enhancing strategic economic and trade relations between Türkiye and African countries. With Turkey's trade volume with Africa surpassing $37 billion in 2024 and forecasts targeting $40 billion in 2025, the forum underscored the growing influence and opportunities within this partnership.
Major Highlights and Impact
- Robust Participation: Over 4,000 delegates from across Africa and Türkiye, including government officials, investors, entrepreneurs, and business leaders.
- Trade Expansion: Ambitious agenda targeting $75 billion in mutual trade in the coming years, reflecting a more than sevenfold increase since 2003.
- Infrastructure and Investment: Turkish contractors completed more than 2,000 projects valued near $100 billion across Africa, supporting economic growth and connectivity.
- Key Sectors Addressed: Agriculture, energy, mining, infrastructure financing, textiles, pharmaceuticals, digital technologies, and logistics.
- Enhanced Connectivity: Turkish Airlines' extensive network reaching over 60 destinations in Africa boosts trade and people-to-people linkages.
- Sustainability & Skills Development: Focus on responsible investments, industrialization, job creation, skills training, and leveraging the African Continental Free Trade Area (AfCFTA).
TABEF provides a unique platform to forge new cross-continental partnerships, enabling businesses to access emerging markets and innovative technologies. The forum's focus on inclusive and sustainable growth aligns with our commitment to empowering entrepreneurs and increasing Cameroon’s global trade footprint through Türkiye.
TABEF 2025 reaffirms a bright future for Türkiye-Africa economic relations, a future we are honored to champion as we connect Cameroon’s businesses to new opportunities and international success.