Event Archives - Istanbul Africa Trade Company

Ghana Investment Opportunities Summit

Wed, 08 Apr 2020 09:42:49 +0000

Our West Africa market leader Shadrack Appiah attented the Ghana Investment Opportunities Summit 2020. The summit was held on January 21 and 22 in London, United Kingdom. He took part in networking and business development activities regarding investment opportunities in Ghana.

The summit was organised by the GHIOS Committee in collaboration with the Ghana High Commission UK (GHCUK) and the Ghana investment Promotion Centre (GIPC).

The Keynote speaker for GHIOS 2020 was the President of the Republic of Ghana, H.E. Nana Addo Danqua Akufo-Addo wbrought with him key decision makers within some major industries both from the government of Ghana and the private sector who shared viable bankable projects with potential investors and kick started serious business discussions on investing in Ghana.

There were focused meetings arranged for investors and ongoing facilitation offered to ensure that every potential investor is pointed in the right direction depending on their area on interest.

Share this post with your network!

The post Ghana Investment Opportunities Summit appeared first on Istanbul Africa Trade Company.

SADC Investment and Entrepreneurship Conference

Wed, 25 Dec 2019 16:30:08 +0000

Our company director Burak Unal was invited as a guest speaker to The SADC Investment and Entrepreneurship Conference. The conference was held on December 16 and 17 in Lusaka, Zambia. He presented the range of services offered by our company. In addition, he presented the economic relationship between Zambia and Turkey.

The Zambia Development Agency (ZDA) sponsored the conference. They made presentations on available business opportunities for local entrepreneurs and project funding opportunities at the upcoming SADC Investment and Entrepreneurship Conference.

Our company acts as an advisor for Zambian businessmen who are willing to import machinery and products from Turkey.

Other major speakers are:

Chris B. Yaluma – Minister of Commerce, Trade and Industry
Ronald K. Chitotela – Minister of Tourism and Arts
Matongo Matamwandi – Director General of Zambia Development Agency

The post SADC Investment and Entrepreneurship Conference appeared first on Istanbul Africa Trade Company.

Company Presentation and Interview on Prime TV Zambia

Fri, 13 Dec 2019 10:13:37 +0000

Our company director Burak Unal attended a live broadcast on Prime TV Zambia regarding the SADC Entrepreneurship Conference. He is a guest speaker at the upcoming conference.

The Zambia Development Agency (ZDA) is prepared to make presentations on available business opportunities for local entrepreneurs and project funding opportunities at the upcoming SADC Entrepreneurship Conference.

The conference is slated for December 16 and 17 in Lusaka.

ZDA acting Director General Matongo Matamwandi said the Agency would make presentations on available business opportunities for local entrepreneurs and project funding opportunities.

In a statement Mr Matamwandi said that ZDA would share with the main various business opportunities, local and export markets for various products and the other business development support services they could enjoy from the Agency.

Mr. Matamwandi said the conference blended well with the Zambia’s Seventh National Development Plan whose main thrust was “Accelerating development efforts towards Vision 2030” without leaving anyone behind.

The conference will attract various accomplished, seasoned and successful regional and Zambian Entrepreneurs and Captains of Industry that have stood the test of time and have contributed to employment creation and economic growth.

Further, the conference will articulate the business opportunities available in the following sectors: Agriculture and agro processing, general trading, fish farming, transportation, animal husbandry, construction, education, banking and insurance.

The post Company Presentation and Interview on Prime TV Zambia appeared first on Istanbul Africa Trade Company.

East Africa International Trade Exhibition in Tanzania

Sun, 10 Nov 2019 06:11:29 +0000

The 22nd East Africa International Trade Exhibition (EAITE) on multi-sector products, equipment & machinery is the largest trade event held annually in Tanzania, the hub of the vast East African market. The exhibition attracts exhibitors from more than 30 countries and visitors from all over East & Central Africa, thus giving exhibitors an excellent opportunity to explore several countries at one time.

Over the past few years, Tanzania has emerged as a major regional trade centre. This is mainly due to the very friendly and businesslike atmosphere it offers to foreign investors and products. Duties are considerably low and re-exports to neighboring countries are either very low or exempted.

About Tanzania

The United Republic of Tanzania is located in eastern Africa on the Indian Ocean between Mozambique and Kenya and includes the island of Zanzibar. Its largest city, Dar es Salaam, is located along the eastern coast on the Indian Ocean. The capital Dodoma lies west of Dar-es-Salaam.

Tanzania covers an area roughly twice the size of California. The terrain includes coastal plains, a central plateau, and highlands in the north and south. It is home to Mt. Kilimanjaro ( the highest point in Africa ) , Lake Victoria ( the second largest lake in the world), and the Great Rift Valley. The climate varies from tropical along the coast to temperate in the highlands. Natural resources include hydropower, tin, phosphates, iron ore, coal, diamonds, gemstones, gold, natural gas, and nickel.

Population. Around 55 million people live in Tanzania. Kiswahili or Swahili (Kiunguju in Zanzibar) and English are the official languages; Arabic and numerous other local languages are spoken as well. The population is overwhelmingly native African (99%), most of whom are Bantu (95%). Religious practices on the mainland include: Christian (30%), Muslim (35%), and indigenous beliefs (35%).

Tanzanian Economy

Tanzania’s primarily agrarian economy is constrained by geography and environmental factors such as low and erratic rainfall, soil erosion and deforestation. Only 8 percent of Tanzania’s land is under cultivation, although about 80% of its population is employed in agriculture. The principal cash crops of coffee, cotton, sisal and tobacco have been affected by instability in the world market demand and rising costs of imported fuel, fertilizers, and equipment.

At 7%, in 2016, Tanzania’s economy is expanding quickly, putting it close to the top of the fastest growing economies in Sub-Saharan Africa. This expansion softened during the last quarter of 2016, however, and continued to do so into 2017.
Since entering office, President Magufuli has reoriented public expenditure toward development spending, reducing recurrent expenditure significantly, and intensifying efforts to mobilize domestic revenue. Government spending was cut back, and a cap put in place on the salaries of executive officers. New measures were also introduced to control tax exemptions.

Currency : GDP: $47.43 billion, GDP per capita: $879.19, GDP growth rate:7% Inflation rate: 5.17% Labor force: 80% agricultural; 20% services and industry

Natural resources: hydropower, tin, phosphates, iron ore, diamonds, gemstones, gold, natural gas, nickel Agriculture: Coffee, sisal, tia, cotton, pyrenthurm, cashews, tobacco, cloves, wheat, fruit, vegetables, livestock Industry: agricultural processing, mining, oil refining, shoes, cement, textiles, wood products, fertilizer, salt. Exports: $4.74 billion Imports: $7.85 billion

The post East Africa International Trade Exhibition in Tanzania appeared first on Istanbul Africa Trade Company.

Trade and Business Development Activities in East and Southern Africa

Fri, 18 Oct 2019 09:07:16 +0000

Istanbul Africa Trade Company improves commercial relations between Turkey and the African countries through professional trade services. Our company is the distributor of 16 major Turkish corporations in the Sub-Saharan African markets. Our partner companies have more than 150,000 square-meters production area, 1,500+ employees and $120 Million annual revenue. We are strongly active in the Machinery, Plastics, Chemicals, Construction, Textile and FMCG sectors.

We conduct regular trade visits for new business development and trade-related activities. Our Director of African Relations, Burak Unal, is going to conduct a trade visit to 5 countries in the coming three months (Tanzania, Zambia, Zimbabwe, Botswana and Mozambique). He is going to be in Tanzania between October 23 and November 20, 2019.

During his visit to Tanzania, he will have a dedicated week for the companies in Dar es Salaam, Arusha and Zanzibar. He will be in close touch with the Turkish embassy in Dar es Salaam, and he will visit trade associations and companies to present our portfolio of products. We would like to arrange a meeting with your company and other interested companies.

Tanzania: 23 October – 15 November 2019
Zambia: 15 November – 4 December 2019
Zimbabwe: 4 December – 19 December 2019
Botswana: 19 December 2019 – 8 January 2020
Mozambique: 8 January – 22 January 2020

To arrange a meeting and discuss trade opportunities, please send an email to info@istanbulafrica.com. You can alternatively call us on +44 78 4012 7219.

The post Trade and Business Development Activities in East and Southern Africa appeared first on Istanbul Africa Trade Company.

The Oxford Africa Conference 2019

Fri, 21 Jun 2019 07:57:56 +0000

18 May 2019

Istanbul Africa Trade Company at the Oxford Africa Conference

Burak Unal, Director of African Markets, participated in the Oxford Africa Conference 18 May 2019 at the University of Oxford Blavatnik School of Government. The conferences and networking events were at the main theatre of the Blavatnik School of Government.

About the Conference

The Oxford Africa Conference is the leading interdisciplinary conference on Africa, hosted by the University of Oxford Africa Society. The Conference brings together heads of state, policymakers, business leaders, academics, artists, students, and professionals of African descent to critically expand the discourse and action on Africa. The conference is also the society’s annual call to action: the opportunity for coalescing ideas and initiatives that can augment and create opportunities for African individuals, companies and organisations.

This year’s conference convenes around the theme Africa’s Relevance: Locally, Continentally and Globally.

Africa’s Relevance: Locally, Continentally and Globally

The theme of this year’s conference is Africa’s Relevance: Locally, Continentally and Globally” . In its 9 th year running, this year’s conference will convene around the theme Asserting Africa’s Relevance: Locally, Continentally and Globally. Through a series of interactive panels, keynote addresses and debates, we will explore pathways to asserting Africa’s relevance by:

The first track will take stock of the diverse indigenous assets that exist across the continent, whether in terms of artistic tradition or governance models, whilst casting a critical eye on the concept of indigeneity.
The second track will address the question of Africa’s relevance as a continental unit and take a deep dive into the multiple aspects of integration ranging from the tangible, such as institutions and roads, to the intangible such as Pan African identity and political ideologies.
The third track will explore Africa’s place in the world. Building on our indigenous assets and our conception of what constitutes a coherent geographical and political unit, where does, and where should, Africa fit in broader multilateralism? How can Africa be a resilient and influential global player and partner?

This year is a particularly exciting year for the conference as it marks several monumental milestones such as the 100th year anniversary of the 1919 Pan- African Conference, the 400th year anniversary of the 1619 arrival of enslaved African Americans, and the declaration of the United Nations Decade of People of African Descent. The Conference is held at a crucial moment in time, in the midst of a critical global discourse on Africa and Africans in the diaspora.

Students, academics, innovators and trailblazers are invited to explore the challenges of Africa’s 21st century realities and chart ways forward for the prosperity of Africa. We value the strengths of Pan-African knowledge and highly encourage attendees to use this conference as an opportunity to learn, participate and share their knowledge.

The post The Oxford Africa Conference 2019 appeared first on Istanbul Africa Trade Company.

London School of Economics Africa Summit 2019

Wed, 03 Apr 2019 13:02:53 +0000

3 April 2019

Istanbul Africa Trade Company at the LSE Africa Summit

Burak Unal, Director of African Markets, participated in the LSE Africa Summit on 30-31 March 2019 at the London School of Economics and Political Science. The conferences and networking events were at New Academic Building Sheikh Zayed Theatre.

About the Summit

Since its founding in 2014, the London School of Economics and Political Science (LSE) annual two-day conference has established itself as a leading destination for many professionals, students, and corporates in the continent and diaspora alike. By gathering renowned scholars, leading politicians, forward-thinking corporate and entrepreneurial minds together with our population of highly capable and passionate students at the LSE, the Summit provides a unique platform for the sharing of ideas and development of relationships that can be translated into meaningful action. The LSE Africa Summit prides itself on being rooted in present realities, as it takes into account the dynamism and contextual framework on the continent and thus, promotes solutions with an African perspective.

Promoting Financial Inclusion in Africa

In the last five years, the global banking industry has seen a decrease in its global revenue growth rate. Africa’s banking sector, in contrast, is fast growing and is valued as twice as profitable as the global average. However, over 350 million adults are unbanked in Sub-Saharan Africa. In this region alone, this represents approximately 17% of the global total.

Financial inclusion initiatives such as Mobile Money, Women Banking and Islamic Banking are now thriving in Africa. At the end of 2016 there were 227 million registered mobile money accounts, more than their total number of bank accounts in the continent. Mobile Money, for example, has provided a solution for small and medium entrepreneurs, who are often disadvantaged when it comes to access to financial systems. Similarly, Islamic banking has met the demand of Africa’s 250 million Muslims on the continent. The panel seeks to highlight the importance of financial inclusion and explore the current strategies and opportunities for providing access to finance for marginalised African citizens. In addition, there will be a further exploration of existing financial inclusion initiatives and their role in promoting a financially inclusive Africa.
Featuring an eclectic mix of the continent’s leading thinkers, this panel explores these monumental steps on the journey towards integration by dissecting the prodigious pitfalls, and most importantly, outlining the potential benefits to the continent’s largest hope and demographic; its youth.

The post London School of Economics Africa Summit 2019 appeared first on Istanbul Africa Trade Company.

Oxford Business Forum Africa 2019

Sun, 10 Mar 2019 17:20:33 +0000

9 March 2019

Istanbul Africa Trade Company at the Forum

Burak Unal, Director of African Markets, participated in the Oxford Business Forum Africa on 8-9 March 2019 at the University of Oxford. The Gala dinner took place at the Balliol College, University of Oxford. The conferences and networking events were at Said Business School, University of Oxford.

Single Market, Global Outcomes

The Oxford Business Forum Africa brings together distinguished leaders from top companies, innovative start-ups, government, and civil society from across Africa.

In March 2018, 44 African countries signed the African Continental Free Trade Agreement (AfCFTA). The U.N. Economic Commission on Africa suggests that intra-African trade is likely to increase by 52.3% and may double with further removal of non-tariff barriers. This year’s forum focused on the impact of the AfCFTA regarding integrated trade and movement of people across Africa. Can we develop the infrastructure and harness local talent to compete for global value chains? Does the AfCFTA enhance appetite for African investment?

The Forum highlighted the potential effects the AfCFTA may have on the development and ease of doing business across Africa. When examined independently, many African countries may not be economically viable and attractive to global market players. However, under the single market framework of the AfCFTA the continent’s prospect for global production, value chain management and consumption capacity rises.

Delegates and Speakers from the Public and Private Sector in Africa

The Forum featured keynote addresses, focused panel discussions, and networking opportunities. Convening around 350 delegates and a number of thought leaders as speakers, the Forum offered unrivalled insight into business on the continent from the boldest innovators and decision makers in Africa.

The post Oxford Business Forum Africa 2019 appeared first on Istanbul Africa Trade Company.

Official Collaboration on the Upcoming Ghana International Trade & Finance Conference

Wed, 16 Jan 2019 18:34:55 +0000

The organizing company, Rescue Shipping and Investment Agency Ltd, has announced the official collaboration with Istanbul Africa Trade Company on the Ghana International Trade & Finance Conference.

Istanbul Africa Trade Company will actively take part in the promotion of the conference in Turkey and across African countries.

Please find detailed information about the conference, the organizing company and our company:

Ghana International Trade & Finance Conference

With a mission to promote and enhance trade between Ghana, West Africa, the wider Africa and the rest of the world, especially Asia, GITFIC also seeks to be the trade resources hub to Investors and business people wanting to trade with Ghana, ECOWAS and Africa.

In 2019, Ethiopia will host the third Ghana International Trade and Finance Conference (GITFIC) in April 2019 from 11th to 12th in Addis Ababa. This is in partnership with the Addis Ababa Chamber of Commerce & Sectoral Association with support from the Ethiopian Embassy in Ghana.

According to Selasi Koffi Ackom, Chief Executive Officer of the Rescue Shipping and Investment Agency, the upcoming conference will create platform for the business communities to meet and discuss on investments opportunities between the two countries. The Africa Union Premises in Addis Ababa will host this all important conference this year. Pragmatic and Strategic Speakers within the Trade & Finance Industry have been lined up to expose participants to the opportunities that abounds in doing business in Africa. Come and be told how you can raise funds for your company. Come and be told how you can trade with Trade-Instruments (Cashless). Come and be told the new trading trends. Come and be told the right avenue to get funding to expand your operations. DON’T MISS IT for anything.

Promote your brand by becoming a SPONSOR

Register now: http://www.gitfic.com/register-now/

Rescue Shipping and Investment Agency

Rescue Shipping & Investment Agency is an indigenous Ghanaian Investment business with Freight Forwarding as their core competence. The company is registered with the Registrar General Department in Ghana, under Company Code1963 Act 179, with registration number BN679792014.

With their Headquarters located strategically in Tema with proximity to Ghana’s largest Seaport, with proposed branch offices at Kotoka International Airport, Takoradi Seaport, Kumasi Inland Port, Tamale (all in Ghana) and proposed agency offices in Lagos, Cotonou, Lome, Ouagadougou, Niamey, Abidjan, Monrovia and Banjul, Rescue Shipping promise to continue delivering fast and efficient service.

Mr. Selasi Koffi Ackom is the Chief Executive Officer of the Rescue Shipping and Investment Agency. He stated in a press release: “All businesses in Ghana are encouraged to sign up for next year’s conference in Addis. The Addis market is three times that of Ghana. The youth makes up 70 percent of the total populations in Ethiopia. This means that companies and businesses can triple their revenue and profit margin if they extend their investments into the Ethiopian Market”.

Website: http://www.rescue-shipping.com

Istanbul Africa Trade Company

Istanbul Africa Trade Company improves economic and commercial relations between Turkey and African countries, through professional and effective trade services.

The company offers trade consulting for businesses which are interested in importing Turkish goods. Also, their professional team works with international companies to increase their presence in the African markets.

Istanbul Africa Trade Company is headquartered in Istanbul, Turkey and has business partners in major economic regions of Africa.

Mr. Burak Unal, Director of African Markets, made a statement about the collaboration with Rescue Shipping and Investment Agency: “We believe that our collaboration on the Ghana International Trade & Finance Conference will deliver great results and attract more businesses to the conference. African economies are developing much faster than peers in the world. Ghana is an important market in West Africa and we advise our international clients to make further investments in Ghana. Ethiopia is an unique and major player in African economics and development. We are glad to promote the conference in Addis Ababa, Ethiopia. We specially want to thank the management of the Rescue Shipping and Investment Agency on the organization of this important business conference.”

Website: http://www.istanbulafrica.com

Photos of Conference

The post Official Collaboration on the Upcoming Ghana International Trade & Finance Conference appeared first on Istanbul Africa Trade Company.

Africa’s Business Revolution 2018 in London

Sun, 16 Dec 2018 14:33:42 +0000

10 December 2018

Economic Panel and Networking Session

Royal African Society hosted a panel about Africa’s Business Revolution and a networking session afterwards. Burak Unal from Istanbul Africa Trade Company participated this event in Central London.

About the Africa’s Business Revolution Report

For global and Africa-based companies looking to access new growth markets, Africa offers exciting opportunities to build large, profitable businesses. Its population is young, fast-growing, and increasingly urbanized—while rapid technology adoption makes the continent a fertile arena for innovation. But Africa’s business environment remains poorly understood and known to many executives in the West only by its reputation for complexity, conflict, and corruption.

Africa’s Business Revolution: How to Succeed in the World’s Next Big Growth Market(Harvard Business Press, November 2018) provides the inside story on business in Africa and its future growth prospects and helps executives understand and seize the opportunities for building profitable, sustainable enterprises. From senior leaders in McKinsey’s Africa offices and a leading executive on the continent, this book draws on in-depth, proprietary research by the McKinsey Global Institute as well as McKinsey’s extensive experience in advising corporate and government leaders across Africa. Brimming with company case studies and exclusive interviews with 40 of Africa’s most prominent executives and development leaders, this book comes to life with the vibrant stories of those who have navigated the many twists and turns on the road to building successful businesses on the continent.

Combining an unrivaled fact base with expert advice on shaping and executing an Africa growth strategy, this book is required reading for global business executives wanting to expand their existing operations in Africa—and for those seeking a roadmap to access this vast, untapped market for the first time.

The post Africa’s Business Revolution 2018 in London appeared first on Istanbul Africa Trade Company.