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Turkish investors
Trends
- 1Erdoğan scrambles to contain Turkey's $18bn stock market scandal●Erdoğan bids to contain fallout from Turkey’s $18bn stock market scandal
President Recep Tayyip Erdoğan is working to limit the political and market damage from a scandal estimated at $18 billion linked to Turkey's stock market. The affair has raised questions about oversight and governance in Turkish financial institutions, and the government's response is being closely watched by investors already wary of the country's volatile markets.
- 2Dangote and Turkish investors back $40bn East African mega-projects●Three mega-projects backed by Dangote, Turkish investors put $40bn behind East Africa’s Indian Ocean trade ambitions
Three large-scale infrastructure projects, backed by Nigerian industrialist Aliko Dangote and Turkish investors, are directing some $40bn towards East Africa's Indian Ocean trade ambitions. The investments are aimed at strengthening ports and trade corridors along the region's coastline, positioning East Africa as a bigger hub for Indian Ocean commerce. The scale of the funding and the involvement of high-profile backers have drawn attention across regional and global business circles.
- 3Istanbul Ignited by Slush'D returns with 600 investors in October●Istanbul Ignited by Slush’D returns with 600 investors in October
Istanbul Ignited by Slush'D, the Istanbul edition of the Slush-linked startup event, is returning this October and is expected to bring around 600 investors to the city. The gathering connects Turkish and regional startups with international venture capital, and its return is being read as a boost for the local entrepreneurship ecosystem.