France renews investment drive in Nigeria, launches French-African Foundation for growth

With the world increasingly seeing Africa as the preferred investment destination, France has launched the French-African Foundation for Growth, a new initiative designed to renew economic ties between the European nation and the African continent.

The Foundation’s headquarters is to be based in Nigeria, with  the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala already applauding France’s reinvigorated interest in Africa.

The Foundation was formally launched in Abuja at the weekend by the French Minister of Economy and Finance, Pierre Moscovici and her Nigerian counterpart Okonjo-Iweala.

African ministers of finance and planning participating at the just ended 7th Joint Annual Meetings of the United Nations Economic Commission for Africa (UNECA) as well as the Deputy Secretary-General of the United Nations, Mr. Jan Eliasson were in attendance.

[This Day]

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One Comment

1. 

   Boye

   March 31, 2014 at 6:30 pm

   This is another good omen for the Nigerian economy. Who says things are not getting better? We are certainly making progress!