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French investments in Africa: Romuald Wadagni represents Benin in Paris

27/08/2021
Categories: General Information

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The Minister of State in charge of the Economy and Finance of Benin, Romuald Wadagni, alongside Franco-African leaders, took part in the conference on new French investment requirements in Africa on Wednesday, August 25, 2021, organized by videoconference at the Cercle de l'Union Interalliée in Paris, France.

“New requirements, new horizons: what does the future hold for French investments in Africa? ”. It was around this theme that the conference, initiated by the Concerto Global Public Affairs and Jeune Afrique Media Group, was held at the Cercle de l'Union Interalliée in Paris, France. It is in fact a Conference on the new requirements for French investments in Africa. On the occasion, the Minister of State in charge of the economy and finances of Benin, Romuald Wadagni, alongside Franco-African leaders, outlined his vision of the new economic cooperation between the old

continent and Africa.

The Minister of State in charge of the Economy and Finance of Benin, Romuald Wadagni, was alongside other leaders of the continent, such as President Andry Rajoelina of Madagascar, the Ivorian Prime Minister Patrick Achi, Franck Riester, French Deputy Minister for Foreign Trade and Attractiveness, Anne Rigali, director general of Air France... The influence of France in Africa, in a context of “economic war” with the increasing hegemony of China, Turkey, India and Russia, not only shares the market with France but above all completely sucks up the available share. However, by raising 1.2 billion in 2021 for start-ups, the continent intended to focus on this category, which constitutes the strength, the jackpot of the entrepreneurial fabric. As for France, it invested around 57 billion dollars before the advent of Covid-19 in 2019.

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