The Nigeria-Turkey Business Council (NTBC) recently had a remarkable and engaging week as they played a pivotal role in coordinating the activities of the Nigerian delegates to the 4th Turkiye-Africa Business and Economic Forum (TABEF) held from 13th to 14th October 2023. This prestigious event saw the participation of 24 African countries and hosted an impressive 3,900 participants. The theme of TABEF 2023 was “Addressing Challenges, Unlocking Opportunities: Building Stronger Türkiye-Africa Economic Partnerships.” This post elaborates Nigeria’s involvement and achievements during this significant international gathering.
Key Discussion Topics
TABEF 2023 focused on various vital aspects of economic cooperation and partnership between Turkey and Africa. Discussions revolved around critical topics such as:
- Infrastructure Development
- Collaboration in Manufacturing and Agro-Industries
- Africa’s Digital Transformation
- Opportunities & Benefits of Free Zones
- Defense and Aviation Technology
- Investment and Trade Financing
- Turkiye-Africa Women Dialogue – A special session was dedicated to fostering dialogue and collaboration among women entrepreneurs from Turkiye and Africa.
Nigeria’s Notable Achievement
Nigeria emerged as one of the standout nations during TABEF 2023, earning a significant place in the event’s agenda. The country was privileged to be one of the only two nations listed for a country presentation. The Nigeria-Turkiye Business Council (NTBC) held a joint session with the Turkiye-Nigeria Business Council (TNBC) during the country presentation. This spotlight provided an excellent opportunity to showcase Nigeria’s potential and engage in productive discussions with international partners.
The B2B sessions organized in the Nigerian area garnered considerable interest, leading to an expansion of tables from the initial two set up to six. The increased interest was largely due to the powerful presentation made by a trio of distinguished individuals: Mr. Hakan Ozel, President of TNBC-DEIK; Mr. Dele Kelvin Oye, Chairman of NTBC-DEIK and National President of NACCIMA; and the Nigerian Ambassador to Turkiye, Ambassador Ismail Abba Yusuf. Their presentations showcased Nigeria’s commitment to fostering economic collaboration with Turkiye.
Strengthening Ties
In addition to the conference sessions, the Nigerian delegates took the opportunity to visit the Union of Chambers and Commodity Exchanges of Turkiye (TOBB). They were warmly received by the Vice President, Mr. Ali Kopuz, and engaged in discussions surrounding areas of mutual collaboration. Among the key topics discussed was the issue of restoring the E-visa for Nigerians, an initiative aimed at promoting ease of doing business and fostering stronger economic ties.
Continued Partnership
The NTBC continues to work closely in partnership with the Turkish Embassy in Nigeria and TNBC-DEIK to further expand trade relations between Nigeria and Turkiye. This collaborative effort remains a vital component in driving economic growth and prosperity in both nations.
Conclusion
The Nigeria-Turkey Business Council’s active involvement in the 4th Turkiye-Africa Business and Economic Forum 2023 was a resounding success. Nigeria’s prominent role in the event, coupled with meaningful discussions on vital economic topics, highlights the commitment to fostering stronger economic partnerships between Nigeria and Turkey. As the NTBC and its partners continue to work together, the future holds promising opportunities for increased cooperation, trade, and mutual growth.