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Macron announces $27 billion investment in Africa

12 May 2026
in World
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French President Emmanuel Macron announced a €23 billion ($27 billion) investment at the Africa Forward summit in Kenya, aiming to strengthen ties with African nations amidst declining relations with former colonies. The investment includes €14 billion from French companies and €9 billion from African firms, focusing on sectors like energy, agriculture, and artificial intelligence. Macron emphasized a partnership of equals and the importance of African leaders investing in France, while also addressing the return of looted African artworks.

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Tags: AfricaannouncesBillionEconomyEuropeFranceInvestmentKenyaMacronNews
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