France unveils 2.5 bn euro African development plan

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The initiative is aimed at nearly 10,000 African companies via French development agency AFD and its private sector financing-arm, Proparco.

The"Choose Africa" plan follows a pledge by French President Emmanuel Macron in November 2017 to help small- and medium-sized enterprises grow on the continent, Finance Minister Bruno Le Maire said as he and Senegalese counterpart Amadou Ba kicked off the scheme.

"I am happy to launch this new phase of partnership" aimed at meeting African demographic and environmental challenges in the coming decades, Le Maire said. What holds African companies back, he added,"is the problem of financing. SMEs need stable, flexible and solid financing.

 

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French is still being paid a colonial fee from it's colonial countries, for chasing them out, why would we want such country helping out Africans? They must go to hell

What’s in it for them ? They should boldly highlight it. Because they only do so when we Africans want out

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