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Macron Unveils $27 Billion Investment in Africa at Summit in Kenya

Macron Unveils $27 Billion Investment in Africa at Summit in Kenya

Last updated: May 18, 2026 8:48 am
By
Chris Summers
1 Min Read
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Macron Unveils $27 Billion Investment in Africa at Summit in Kenya

French President Emmanuel Macron attends the Africa Forward Summit at the Kenyatta International Convention Centre in Nairobi, Kenya, on May 12, 2026. Brian Inganga/AP Photo/

French President Emmanuel Macron announced 23 billion euros ($27 billion) in investments to fund energy, artificial intelligence, agriculture, and other sectors in Africa, during a two-day partnership summit in Kenya. The summit ended on May 12 with a joint declaration by 30 heads of state pledging cooperation.

Macron said the Africa Forward Summit marked a financial shift in relations between France and African nations, including those that were once its colonies.

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