France has committed €23 billion (US$26.7 billion) to Africa’s private sector in a bid to counter Chinese dominance and rebuild its influence on the continent.
Speaking at the Africa Forward Summit in Nairobi earlier this month, President Emmanuel Macron pitched the investment as a “jolt” to reset relations, positioning Europe as a partner for Africa’s “strategic autonomy” as the geopolitical race with Beijing heats up.
The move marks a major shift as Paris tries to win over anglophone countries…
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