Turkey
Two executives of former crypto investment platform arrested for fraud in Istanbul
Two executives from a former crypto investment platform accused of fraud were arrested in Istanbul earlier this year, Turkish media reported.
Ties between Turkey and Africa are growing. Bilateral trade surpassed $40bn in 2022, up from just over $5bn in 2003. Turkish contractors are currently working on construction projects worth some $85bn. Turkish Airlines serves more than 60 destinations in Africa.
The presidents of Turkey, Recep Tayyip Erdoğan, and Togo, Faure Gnassingbe, in October 2021 in Lomé (Togo) © GRT
Ties between Turkey and Africa are growing. Bilateral trade surpassed $40bn in 2022, up from just over $5bn in 2003. Turkish contractors are currently working on construction projects worth some $85bn. Turkish Airlines serves more than 60 destinations in Africa.
The number of Turkish embassies in Africa has grown from just 12 in 2002 to 44 by 2022, with President Erdogan saying he wants to see this number rise to 50.
Federico Donelli, Professor of International Relations at the University of Trieste, terms Turkey's approach the Ankara Consensus - "a middle or third way, differing from both Western liberal and Chinese authoritarian capitalism.”
Facets of the relationship include the shared goal of reforming global governance structures, a focus on Turkish defence exports to Africa, and a Turkish approach to investments and financial support that is broadly free from governance-related conditions.
On Friday, the magazine African Business delves into the political and economic relations between Africa and Ankara.
Two executives from a former crypto investment platform accused of fraud were arrested in Istanbul earlier this year, Turkish media reported.
Turkish President Tayyip Erdogan said on Saturday Islamic countries should form an alliance against what he called "the growing threat of expansionism" from Israel.
The International Criminal Court (ICC) said on Friday it had terminated proceedings against late Hamas leader Ismail Haniyeh following his death in July.
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