AFRICA OBSERVATORY - ISSUE 6

28 MAY - 05 JUN 2019

MESSAGE OF THE PRESIDENT

Turkish African Affairs Council (TAFAC) which aims to be the “window of Turkey opening through Africa” will be publishing Africa Observatory in order to create comprehensive awareness about Africa. Center for African Studies, as part of TAFAC, will be publishing reports about numerous countries, sectoral information and including reports upon investment opportunities in the continent. This initiative also has been constructed to strengthen relations of businesses both located in Turkey and Africa by creating solid bounds in economic and cultural fields.

Also, the Ramadan Eid has welcomed us once again. On behalf of TAFAC, I congratulate your eid and wish you to spend a healthy and peaceful time with your family.

Finally, we are planning to appeal wide range of businesses in African continent and Turkey by publishing Africa Observatory weekly. Therefore, businesspeople, political decision makers, academicians and experts will be able to get benefits from Africa Observatory. Our publishing will also be available for foreign countries besides Turkey and Africa. Thus, I thank warmly to our publishing committee and hope you to avail of our publications furthermore.

Sincerely,
President of TAFAC

Abdulaziz Unal

HEADLINE OF THE WEEK

THE IMPORTANT HEADLINE OF ISSUE 6

Africa Observatory

AfCFTA Is Officially in Force — Now the Real Work Begins

The founding agreement of the African Continental Free Trade Agreement (AfCFTA) enters into force today. The required number of ratifications has already been deposited and the agreement can now become a binding international legal instrument. This constitutes an important political achievement but will not usher in immediate free trade; several legal instruments must still be finalised. National legal regimes must also be updated to reflect interstate agreements. International trade agreements are not self executing; they are implemented through domestic measures such as new customs procedures and domestic regulations for foreign service providers and investors. The entry into force of...

ECONOMICAL DEVELOPMENTS AND POLITICS

SUMMARY OF THE ECONOMICAL DEVELOPMENTS AND POLITICS IN THIS ISSUE FROM TAFAC'S PERSPECTIVE

Ghana Will Grow Faster than any other Economy this Year, the...

Just three decades ago, Ghana was in crisis; impoverished and suffering famine, it was on the verge of economic collapse. Fast-forward to the present...

Maybe Africa Really Will Be the New China

When people tell me that Africa will be the new China, I’m not as incredulous as I used to be. The continent is showing...

Why the U.S.-China Trade War Hurts African Economies

Sub-Saharan African countries are experiencing economic distress from the U.S.-China trade war. Although not the target of the trade dispute, U.S. tariffs have precipitated...

Russia–Africa: Partnership for Development

Sudanese Security Forces Move to Disperse Sit-in in Khartoum

Russia in Africa: Can It Offer an Alternative to The US...

West Africa Stocks Drop to 2012 Low

4,300 Somali Refugees Has Returned to Their Home

Increased Violence in Nigeria Has Driven People Into Niger

Reopening of Cape Town Refugee Reception Office

UNICEF Reports on East and South Africa

Germany Withholds Aid for Uganda

Libya’s Evacuees Fret about Those Left Behind

UNHCR Published an Update Report on Libya

Tunisia Prepares to Host Refugees Fleeing Libya

The Africa Continent Produces 75% of World’s Cocoa And Only Get’s...

Advancing a Resilient and Sustainable U.S.-Africa Partnership

Eritrea, Nigeria, Benin: Outsiders from Africa Free-Trade Zone, AfCFTA

UN Renews Arms Embargo on South Sudan

Are Africans’ Freedoms Slipping Away?

Zambia Gets Schooled in Mandarin

Suakin: Turkey Wins Against Regional Rivals

Rwanda to Invest US $440m in Water Supply Projects

Private Sector Urged to Play Active Role in AfCFTA Implementation

14 African Countries Forced by France to Pay Colonial Tax for...

Nigeria Has Become Africa’s Money-Losing Machine

INVESTMENT OPPORTUNITIES IN AFRICA

WHAT ARE THE INVESTMENT OPPORTUNITIES IN AFRICA?

Africa Observatory

Investment Opportunities in Africa – Issue 6

AfCFTA Is Officially in Force — Now the Real Work Begins The founding agreement of the African Continental Free Trade Agreement (AfCFTA) enters into force today. The required number of ratifications has already been deposited and the agreement can now become a binding international legal instrument. This constitutes an important political achievement but will not usher in immediate free trade; several...

TURKEY IN AFRICA

What is new in Africa about Turkey?

Africa Observatory

Turkey in Africa – Issue 6

Turkey to Build First Commercial Center in Africa President Recep Tayyip Erdogan has begun a new step in the African opening. In this context, Turkey 35 new Trade Center (TTC) will be held on a first targets to be established. TTMs, which were previously opened in countries such as the UK, USA and UAE, are planned to be established in...

AFRICA OBSERVATORY - ISSUE 6

MESSAGE OF THE PRESIDENT

HEADLINE OF THE WEEK

ECONOMICAL DEVELOPMENTS AND POLITICS

INVESTMENT OPPORTUNITIES IN AFRICA

TURKEY IN AFRICA

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