Turkey eying more investments in Ethiopia: Ambassador

Addis Ababa, February 15, 2021 (FBC) – Turkish Ambassador to Ethiopia, Yaprak Alp reaffirmed commitment of her country to expand its investments in Ethiopia which already add up to billions of dollars.

Turkey’s investments in Ethiopia currently stand at $2.5 billion, Yaprak Alp told Anadolu Agency.

Turkey is the second-largest investor in Ethiopia after China — with its state-of-the-art textile industries and cable manufacturing firms.

The ambassador’s remarks came ahead of Ethiopian Deputy Prime Minister and Foreign Minister Demeke Mekonnen’s visit to Turkey.

Demeke will meet Turkey’s top officials to discuss bilateral cooperation as well as international and regional issues of common interest and will inaugurate the newly built Ethiopian Embassy in Ankara.