Africa鈥揂zerbaijan Cooperation (AFAZ) has signed a Memorandum of Understanding (MOU) with the EU鈥揂frica Chamber of Commerce (EUACC) and the Afro鈥揃razilian Chamber of Commerce as part of the AFEX 2025 鈥 T眉rkiye鈥揂frica Business Forum held in Istanbul on June 25鈥26.
The agreements are aimed at expanding AFAZ鈥檚 engagement across the African market, leveraging the extensive experience and institutional networks of its new partners. Both organizations have already begun supporting AFAZ initiatives.
AFAZ鈥檚 leadership held a series of productive meetings during the forum with government officials, ambassadors, chamber of commerce leaders, and African entrepreneurs. Talks centered on advancing cooperation between African nations and Azerbaijan in key sectors such as trade, logistics, agriculture, education, and technology.
Rena Gafarova, founder of Africa鈥揂zerbaijan Cooperation, delivered a keynote speech at the 鈥淧artnership for Sustainable Development鈥 panel. She highlighted Azerbaijan鈥檚 economic strengths, its strategic approach to fostering cooperation with Africa, and the quality and competitiveness of Azerbaijani products. Gafarova also introduced international partners to state institutions including KOBIA, the Azerbaijan Entrepreneurs鈥 Confederation, AZPROMO, and ASAN Service 鈥 all recognized for their innovative, transparent, and accessible services.
Her remarks underscored Azerbaijan鈥檚 expanding support programs for African engagement and called attention to the untapped potential for collaboration in sustainable development and innovation.
Three Azerbaijani companies representing the tobacco, furniture, and food sectors joined the event, marking their first step into the African market. AFEX 2025 provided these enterprises with a critical entry platform to explore partnerships and establish business ties on the continent.
As part of its outreach strategy, AFAZ also presented special gift packages to event participants. These included materials promoting Azerbaijan鈥檚 export capabilities and historical insights into Western Azerbaijan. The initiative drew significant interest and was seen as a meaningful cultural and economic bridge.
AFAZ announced plans to organize a similar international event in Baku later this year, aiming to boost economic engagement with African countries and elevate Azerbaijan鈥檚 position in the global trade system.
AFEX 2025 continues to serve as a key platform for enhancing T眉rkiye鈥揂frica ties and promoting new investment opportunities.