CORRECTS - Turkey to open 5 new embassies on African continent

CORRECTS GLITCH IN PARA. 2, OTHER EDITS THROUGHOUT

By Addis Getachew

ADDIS ABABA, Ethiopia (AA) - Turkey's ambassador to the African Union on Monday said Ankara was planning to open five embassies on the African continent.

In a well-attended speech at Addis Ababa University, Fatih Ulusoy said new embassies are set to open in the Central African Republic, Equatorial Guinea, Burundi, Sierra Leone, and Liberia.

In his lecture "Turkey in Africa: Drivers and Incentives of an Emerging Power," Ulusoy said this would bring the total number of Turkish embassies on the continent to 44.

Ulusoy also spoke on Turkish-Ethiopian relations.

According to the embassy, there are currently 165 Turkish companies operating in Ethiopia.

"These companies create jobs for 30,000 Ethiopians," he said, indicating that Turkish investment in Ethiopia stands at nearly $3 billion, accounting for about half of Turkey's total investment in sub-Saharan Africa.

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