French president Macron
French President Emmanuel Macron is urging companies and investors from France to re-engage with Africa, warning that excessive caution has ceded ground to global competitors. Speaking to diplomats in Paris, Macron argued that stronger partnerships with African economies should sit at the heart of France’s growth strategy, which spans finance, entrepreneurship, and diaspora ties. This strategic pivot aims to reverse a decade-long retreat that saw many French firms exit markets they once dominated. To spark this revival, France is organizing a landmark summit in Nairobi this May, inviting global heavyweights like Indian Prime Minister Narendra Modi and German Chancellor Friedrich Merz. It’s a bold attempt to transform historic ties into modern, multipolar growth.
Bloomberg