Macron Announces €23 Billion Investment Deals at Africa Summit

President Emmanuel Macron speaks during the Africa Forward Summit in Nairobi, on May 12.

Photographer: Ludovic Marin/AFP/Getty Images

The France-Africa summit has mobilized deals amounting to 23 billion euros ($27 billion), according to President Emmanuel Macron.

That includes 14 billion euros from French companies and 9 billion euros from African entrepreneurs and investors, he said at the Africa Forward Summit in Nairobi on Tuesday.