Turkish Minister of Energy & African Energy Ministers Gather at Istanbul to Discuss Trade Opportunities

ISTANBUL, Turkey, May 29, 2014 /PRNewswire/ --

Over the last ten years, the Turkish government has steadily increased its position across Africa, investing in energy, power and infrastructure projects. The outcomes have been hugely successful, with bilateral trade reaching an all-time high. This has resulted in an influx of Turkish businesses winning construction contracts, enabling enable African businesses to increase their capacity to sell products back to Turkey. It's a hugely effective way of creating opportunities and Turkey's leadership has been an important driver behind this development.

This year, with His Excellency, Taner Yildiz, Minister of Energy & Natural Resources - Turkey, receiving Ministers from Mozambique, Tanzania, Kenya, Nigeria, Cameroon and Zambia, the opportunities arising from the meetings for Turkish businesses will be huge.

• Nigeria is the largest market for industrial development at the moment with projects happening across the energy and housing space extremely quickly
• Mozambique sits on vast gas reserves which has the potential to transform their economy and influence the global balance of gas trading
• Kenya is has an extraordinary power sector with telecoms and infrastructure connecting the region and support economic development for millions of people
• Zambia's mineral wealth is huge, but additionally they are preparing to be part of the renewable energy corridor which could see large numbers of projects buying into the region
• And Cameroon with its large population, growing agricultural and industrial sectors the potential for Turkish companies to further their growth is also great

For the countries and private sector businesses looking to invest in Africa the opportunities are unrivalled and it will be exciting to see how much trade can be done over the three days of the Africa Energy Forum in June.

Ministers attending this year include:

• H.E. Taner Yildiz, Minister for Energy, Turkey
• H.E. Salvador Namburete, Minister of Energy, Mozambique
• H.E. Prof Sospeter Muhongo, Minister for Energy & Minerals, Tanzania
• Dr. Ngozi Okonjo-Iweala, Coordinating Minister of Economy and Minister of Finance, Nigeria
• H.E. Joseph Njoroge, Principal Secretary, Ministry for Energy & Petroleum, Kenya
• H.E. Christopher Yaluma, Minister of Mines, Energy & Development, Zambia
• H.E. Dr Basile Atangana Kouna, Minister for Water & Energy, Cameroon
• Hon. Minister Emmanuel Armah-Kofi Buah, Minister for Energy & Petroleum, Ghana

Utilities attending this year include:

• Nampower
• Ethiopian Electric Power (EEP)
• EWURA
• Kenya Electricity Generating Company (KenGen)
• TANESCO
• The Kenya Nuclear Electricity Board
• Transmission Company of Nigeria (Manitoba Hydro International)
• Eskom
• Ethiopian Electric Power ( EEP)
• Geometric Power
• Ketraco
• Lesotho Electricity and Water Authority
• Niger Delta Power Holding Company/NIPP
• Nigerian Electricity Regulatory Commission (NERC)
• Compagnie Ivoirienne d'Electricité / CIE

Event dates:  

Conference & Exhibition: 18-20 June 2014

Location:  Hilton Istanbul Bomonti Hotel & Conference Center
Website: http://www.africa-energy-forum.com

The event is organised by EnergyNet and is part of a global portfolio of investment meetings, conferences and infrastructure events focused specifically on power and industrial sectors across Africa.  For more information visit http://www.energynet.co.uk

For more information: 

Senior Marketing Manager: Mimi Oyelana,
Tel: +44 (0)20 7384 8018,
Email: mimi.oyelana@energynet.co.uk