- Tinubu Will Showcase Nigeria’s Investment Potential In Kenya – Presidency
- President Macron called for stronger economic partnerships and investments across Africa
- Macron announced a €23 billion investment package for Africa
The Presidency has disclosed that President Bola Ahmed Tinubu will use the ongoing Africa-France Economic Summit in Nairobi, Kenya, to promote Nigeria’s economic reforms and strengthen international investor confidence in the country.
Eko Hot Blog reports that the summit, jointly hosted by William Ruto and Emmanuel Macron, has brought together African leaders, investors and top business executives to discuss economic growth, innovation and investment opportunities across the continent.
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President Tinubu is also expected to continue his economic diplomacy engagements in Kigali, Rwanda, where he will participate in the Africa CEO Forum aimed at deepening economic partnerships and attracting investments into Nigeria and Africa.
Speaking on the importance of the summit, presidential spokesman Daniel Bwala said the event aligns with the Tinubu administration’s Renewed Hope Agenda and ongoing efforts to reposition Nigeria’s economy for long-term growth and stability.
According to Bwala, most of the thematic areas scheduled for discussion at the summit are already reflected in policies currently being implemented by the Federal Government.
He identified the major focus areas as international financial restructuring, artificial intelligence, agriculture, blue economy and broader economic transformation initiatives across Africa.
Meanwhile, President Macron called for stronger economic partnerships and investments across Africa, insisting that the continent requires investment-driven growth to achieve greater economic sovereignty.
Speaking at the University of Nairobi during the opening session of the summit, Macron announced a €23 billion investment package for Africa.
According to him, the package includes €14 billion in public and private investments from French institutions and an additional €9 billion from African investors.
He explained that the investments would focus on energy transition, digital technology, artificial intelligence, agriculture and the maritime economy, while also creating about 250,000 direct jobs across Africa and France.
Macron also urged African business leaders to invest in France as part of efforts to build stronger and more balanced economic ties between both regions.
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