French President Emmanuel Macron announcing a major investment at the Africa Forward summit in Nairobi.
French President Emmanuel Macron announcing a major investment at the Africa Forward summit in Nairobi.
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Macron announces 23 billion euro investment at Nairobi Africa Forward summit

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French President Emmanuel Macron announced a 23 billion euro investment package for African nations at the Africa Forward conference held in Nairobi, Kenya.

The conference, co-organized by French President Emmanuel Macron and Kenyan President William Ruto, brought together leaders from more than 30 African countries. Discussions centered on green industry, energy transition, artificial intelligence, digital technology, and sustainable agriculture.

Ethiopian Prime Minister Abiy Ahmed shared his country's experiences in green industry development and energy transition. He confirmed that Ethiopia will continue playing a leading role by strengthening its ongoing work in these sectors.

President Macron stated that the investment package will be implemented in energy, artificial intelligence and digital technology, maritime and logistics, as well as agriculture. The package is expected to create 250,000 direct jobs. The forum marked the first time it was held outside French-speaking countries, according to Reuters and France 24.

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Initial reactions on X to Macron's €23 billion investment announcement at the Africa Forward summit in Nairobi include neutral news shares from Kenyan media, positive thanks for the private investment focus, skeptical comments on French self-interest amid domestic decline, and strong criticism highlighting historical exploitation by French companies and the pledge's inadequacy relative to Africa's GDP.

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French President Emmanuel Macron and Kenyan President William Ruto at the Africa-France summit podium in Nairobi, symbolizing the end of traditional French influence in Francophone Africa.
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Macron says era of french pre-carre in africa is over

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Emmanuel Macron arrived in Nairobi on Sunday and declared that the era of the French 'pré carré' in Francophone Africa ended in 2017. The French president met Kenyan counterpart William Ruto and is preparing an Africa-France summit.

Nairobi will host a major Africa-France summit from May 11-12, bringing together over 4000 delegates and 30 African presidents for the first time in a non-French-speaking country.

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Kenya's National Treasury has signed two technical assistance agreements with France worth Ksh227 million to boost water infrastructure and clean energy projects. The deals were finalised in Nairobi shortly after French President Emmanuel Macron concluded his visit.

Prime Minister Abiy Ahmed attended the national conference that reviewed Ethiopia's achievements and laid groundwork for future generations.

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Egypt’s Minister of Investment and Foreign Trade Mohamed Farid met a French diplomatic delegation to explore ways to expand economic ties and attract more French investment.

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