The Rise of Turkey in Africa: A Strategic Push for Economic Growth
Turkey’s foray into Africa has seen significant strides, with recent projects in Somalia highlighting Ankara’s focus on exploring offshore oil fields and enhancing military cooperation through missile testing sites. This move is part of Turkey’s African Initiative Policy, launched in 1998, to bolster economic, diplomatic, and security relations across the continent.
With a surge in trade volumes from $5.4 billion in 2003 to over $41 billion in 2022, Turkey’s influence in Africa is on the rise. The country’s interest in Africa’s young population and burgeoning demand for goods signals promising economic opportunities. However, Turkey faces stiff competition from other global players like China, Russia, and Gulf countries who are also vying for a foothold in the African market.
While Turkey aims to diversify its energy resources, secure strategic partnerships, and boost trade volumes, the country has faced challenges in meeting its ambitious targets. By focusing on security cooperation, civil investments, and mega projects, Turkey seeks to carve a niche for itself in Africa’s evolving landscape, albeit against formidable competitors.