By AFPMore by this AuthorOn the first-ever visit to Kenya by a French head of state, presidents Emmanuel Macron and Uhuru Kenyatta announced a series of public-private infrastructure deals Wednesday, totalling 3 billion euros. Not good, added the French president, were major projects undertaken in other countries "without creating jobs" and financed with long-term loans that plunge countries into irreversible debt. Related Content Uhuru and Macron to boost business ties - VIDEOThe railway, President Kenyatta said, "will help completely transform the lives of millions of urban workers". "I would not want international investments to weaken the sovereignty of our partners," Macron told Djibouti President Ismail Omar Guelleh. In Ethiopia, he announced a defence agreement in which France will loan 85 million euros to Ethiopia to support the establishment of a navy for the landlocked country.
Source: Daily Nation March 14, 2019 05:33 UTC