Macron Seeks to Recast France-Africa Ties With $27 Billion Push

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 billions of euros in investment deals, which President Emmanuel Macron said showed a pivot away from financial aid to investment for the continent.

Investors pledged €23 billion ($27 billion) at the Africa Forward Summit in Nairobi, marking the event’s first time in an English-speaking country.