France’s Macron announces $27bn investment in Africa at Kenya summit

The Africa Forward summit comes amid France’s fading ties with its former African colonies, as Kenya seeks greater trade.

Save

French President Emmanuel Macron has announced 23 billion euros ($27bn) of investment during the Africa Forward summit in Kenya.

Macron said on Monday that Africa and France had a “partnership of equals” with common objectives, as he announced 14 billion euros ($16.4bn) of investments in private and public funds from French companies, and 9 billion euros ($10.5bn) from African ones, on energy transition, agriculture and artificial intelligence (AI).

France’s Macron announces $27bn investment in Africa at Kenya summit

Other newsrooms on this story

Related reading

Macron announces €23 billion of investment at Africa summit

Other newsrooms on this story

Related reading

Macron announces €23 billion of investment at Africa summit

Africa Forward Summit: France seeks new ties by meeting African leaders in Kenya

SA absent as France pivots Africa strategy eastwards

Macron at Africa summit seeking allies and a foreign policy less tied to…

In Nairobi, Macron ends a decade of turmoil in France-Africa relations

Macron courts new alliances in Africa at landmark Nairobi summit