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Finding New Ways to Finance African Infrastructure

French President Emmanuel Macron and Kenyan President Uhuru Kenyatta speaking a technology conference in Paris. Photo via State House (Kenya).

Kenyan President Uhuru Kenyatta looked like he had a great time in France last week. After all, the weather in Paris this time of year is absolutely lovely and this being his first trip out of the country since the COVID-19 outbreak, he was able to get away from the increasingly nasty fight that he’s having with his own deputy president, William Ruto, who’s vying for his job in the next election.

The food, the weather, and the break from Nairobi’s intense politics are all wonderful but those seemed to pale in comparison to the sheer joy that both President Kenyatta and his host, President Emmanuel Macron took in signing large infrastructure financing deals that they both claim will pioneer a new era of development finance in Africa.

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