Africa Politics Business

Macron unveils $27b investment

Macron unveils $27b investment

French President Emmanuel Macron announced new investments in Africa as a partnership summit closed Tuesday in Kenya with calls for mutual respect and new, revamped ties.

Macron said the Africa Forward Summit marked a financial shift in relations between France and the continent.

The $27 billion investment package will focus on infrastructure, technology, and green energy projects across several nations.

However, the summit was also marked by an onstage outburst from Macron, who rebuked the audience for a "lack of respect" during a panel discussion.

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Emmanuel Macron
President of France and Co-Prince of Andorra since 2017
Kenya
Country in Eastern Africa
France
Country in Western Europe and other continents (through its overseas territories in America, Africa and Oceania)
Nairobi
Capital city of Kenya