Fifteen African leaders, several senior European officials and a dozen representatives of international organizations will take part in the Summit on African Economies. The Togolese Head of State Faure Gnassingbé

The summit on African economies in Paris, an initiative of French President Emmanuel Macron, will include the effective participation of President Faure Gnassingbé. The main objective of this meeting is to put in place financial resources capable of relaunching the economy of this continent, which has experienced around 130,000 deaths from Covid, according to official figures, but whose GDP is expected to experience its first recession in 25 years in 2021, with a decline of 2.1%

According to the Elysée Palace, growth should return in 2022, but at a slower pace than that of more developed countries, with the risk of “divergence”. Hence the initiative of the French Head of State of such a summit to attract investment in Africa to the public and private sectors, penalized by risk premiums that raise interest rates