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French construction delegates led by Gulf Group of Companies Chairman Suleiman Shahbal tour Starehe Point, a GulfCap Real Estate development
French firms have turned to Kenya’s housing market after an Africa summit hosted by Presidents William Ruto and Emmanuel Macron pushed for a shift from aid-driven ties to private investment partnerships.
The Africa Forward Summit, held on Monday, May 11 and Tuesday, May 12, brought together more than 2,000 delegates, including heads of state and multinational executives, to promote investment-led cooperation between Africa and Europe.
French officials described the talks as a move away from treating African states as aid recipients and towards positioning them as investment destinations.
