Textile. Turkish investors advance their players into Africa

Publication

26 February 2018 à 16h13

Updated on 10 May 2019 à 17h20

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1 minute

Publication: 26 February 2018 à 16h13, Updated on 10 May 2019 à 17h20

Reading time: 1 minute

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Publication

26 February 2018 à 16h13

Updated on 10 May 2019 à 17h20

Reading time

1 minute

Publication: 26 February 2018 à 16h13, Updated on 10 May 2019 à 17h20

Reading time: 1 minute

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In early February 2018, the Turkish investor Ayka Textile signed a major investment project to develop the textile industry in Burkina Faso, West Africa’s largest cotton producer. The Turkish company run by Yusuf Aydeniz has announced an industrial complex for making clothes in Ouagadougou, the capital city of Burkina Faso. The project, whose total investment amounts to €343 million, will be managed by a mixed company of 55% by the Turkish giant and 45% by the local government.
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