From 30 September to 2 October, the Turkish city of Istanbul will host the very first edition of the Turkish African Business Summit & Expo. In anticipation of this event, a Turkish African Business Association (Taba) team has just spent a few days in Douala, the Cameroonian economic capital, where they presented to local businessmen the opportunities available through this event.
The goal being to motivate the Groupement inter-patronal du Cameroun (Gicam– Employers’ association), and the Chamber of Commerce, Industry, Mines and Traditional Arts (Ccima), to encourage their members to participate in this event during which 5,000 participants are expected, including about fifteen African Heads of State.
Since the economic mission led by the Cameroonian Head of State, Paul Biya, in Ankara in March 2013; the economic cooperation between Turkey and Cameroon has been intensified. Estimated at FCfa 75 billion in 2013, commercial exchanges between the two countries have, for example, reached FCfa 86.5 billion in 2014, representing an increase of more than FCfa 11 billion over a year. Officially, both countries strive to quickly bring this figure to FCfa 250 billion.