France bets $27 billion on Africa's future at Nairobi summit

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Source: Al Jazeera
France bets $27 billion on Africa's future at Nairobi summit
Photo: Al Jazeera
TL;DR Summary

French President Emmanuel Macron announced 23 billion euros ($27 billion) of investment at the Africa Forward summit in Nairobi, with 14 billion from French firms and 9 billion from African partners, targeting energy transition, agriculture and AI and expected to create about 250,000 jobs across France and Africa; the push signals France's bid to revive ties with English-speaking African nations amid waning influence, and includes commitments like CMA CGM's 700 million euro port investment in Mombasa and talks on returning looted artefacts.

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