Turkish Investors Interest in Ethiopia Growing - AmbassadorMarch 15, 2017 - Turkish companies’ interest in investing in Ethiopia is growing, says the country's Ambassador to Ethiopia, according to ENA. President Mulatu Teshome held discussion with Turkish business delegation on Wednesday. Turkey has more than six billion USD investments in Sub-Saharan Africa, of which 2.5 billion USD is in Ethiopia. According to the ambassador, the trade volume between the two countries which stands at 440 million USD per year doesn’t reflect their potential. During the visit of President Mulatu Teshome to Turkey, the two countries agreed to increase their mutual trade volume to one billion USD, he indicated.
Source: Ethiopian News March 15, 2017 23:48 UTC