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Spotlight on Africa

France's Africa Ambition

Audio 11:00
French Economy and Finance Minister Bruno Le Maire (L) shakes hand with Tony Elumelu, United Bank for Africa president and founder of The Tony Elumelu Foundation, before the opening session of the conference "Invest for Growth in Africa" , October 30, 2019
French Economy and Finance Minister Bruno Le Maire (L) shakes hand with Tony Elumelu, United Bank for Africa president and founder of The Tony Elumelu Foundation, before the opening session of the conference "Invest for Growth in Africa" , October 30, 2019 ERIC PIERMONT / AFP

The time to invest in Africa is now. That was the message hammered home at last week’s France-Africa business summit, which saw the French government position itself as a new investment hub for the continent. Yet, many French companies still shy away from African markets and bilateral trade has fallen. Can France make up for lost time with China and reclaim its status as Africa’s main European trading partner? And if so, on what terms? RFI’s Christina Okello reports.

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