Africa-France summit unlocks $50B in investments

The inaugural Africa Forward Summit in Nairobi announced nearly $50 billion in investment commitments, including Nigerian industrialist Aliko Dangote's $16-20 billion East African oil refinery project backed by Kenya, Tanzania, and Uganda. French President Emmanuel Macron co-hosted the summit with Kenya's President William Ruto and announced $27 billion in French and African company projects across energy, AI, agriculture, and logistics.