HOLLANDE MEETS DANGOTE, OTHER TOP WORLD ENTREPRENEURS TO BOOST TRADE BETWEEN AFRICA, FRANCE
The president of the French Republic, François Hollande, over the weekend gathered top 10 entrepreneurs across Middle East, Europe and Africa in Paris to effectively deliberate on ways of enhancing and promoting trade relations with Europe.
The meeting became necessary as a result of significant drop in the trade relationship between Africa and France. Foreign investments into the African continent, went from 15 billion in the year 2000 to 118 billion in 2014, while trade between France and Africa went down from 10.1 per cent in 2000 to 5.9 per cent in 2015.
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