Macron announces $27bn investment in Africa at Nairobi summit

French President Emmanuel Macron has announced €23 billion ($27bn) of investment at the Africa Forward summit 2026 in Nairobi, Kenya, outlining cooperation in energy transition, agriculture and artificial intelligence (AI).

He described Africa–France relations as a “partnership of equals”, stating the initiative could generate 250,000 jobs across both regions. African and French business leaders, including Aliko Dangote, attended alongside firms such as TotalEnergies and Orange, while CMA CGM pledged €700m for Mombasa port upgrades.

  • €14bn French public and private investment, plus €9bn African investment
  • Focus on energy transition, agriculture and AI-driven growth
  • Target of 250,000 jobs across Africa and France
  • Kenya positioned as a key hub for renewed France–Africa trade

ℹ️ Al Jazeera

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France’s President Emmanuel Macron, left, and Kenya’s President William Ruto, right, participate in the youth session “Africa Forward, Creation in Motion” during the Africa Forward Summit at the University of Nairobi, Kenya, Monday, 11 May, 2026.  AP – Brian Inganga
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Macron announces $27bn investment in Africa at Nairobi summit
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