Presidential Council leader Mohamed Menfi arrived in the Kenyan capital, Nairobi, on Monday to participate in the Africa-France Summit, which is being held under the theme “Africa Forward: A Renewed Partnership with France,” according to an announcement by the Presidential Council’s media office.
The summit kicked off in Nairobi on Monday in the presence of French President Emmanuel Macron, UN Secretary-General António Guterres, leaders, heads of government, and representatives from more than 30 African countries, as well as numerous heads of international and regional financial organizations, in addition to representatives from the African and French business sectors, according to Agence France-Presse .
Financing Investments in Africa
African leaders are meeting in the Kenyan capital in the presence of Macron and Guterres for two days to discuss ways to finance investments on the African continent.
France regularly holds summit meetings with African countries, but this is the first time a summit has been held in a predominantly English-speaking country.
Over $27 Billion in Investments in Africa
Macron announced that the summit secured €23 billion ($27.11 billion) in investments for the continent. Speaking at the University of Nairobi, he said, “Usually, this type of summit would begin with a meeting between French and African officials,” during which French officials would tell the Africans, “Here is what is good for you, we will help you.”
Macron emphasized, quoting Kenyan President William Ruto, that “this is absolutely no longer what Africa needs or wants to hear.”
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