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President Emmanuel Macron

Ramaphosa, Macron Announce “Landmark” Plan to Produce mRNA Vaccines in South Africa

French President Emmanuel Macron and South African President Cyril Ramaphosa. Image sourced from The Sowetan. /* custom css */ .tdi_4_eed.td-a-rec-img{ text-align: left; }.tdi_4_eed.td-a-rec-img img{ margin: 0 auto 0 0; } South Africa is set to build a new hub for manufacturing COVID-19 vaccines, announces President Cyril Ramaphosa. Ramaphosa addressed a joint press conference with French President Emmanuel Macron on Monday. The conference was facilitated by the World Health Organisation (WHO). Macron, who referred to Ramaphosa as “my friend”, said that the partnership was the result of his state visit to South Africa at the end of last month. /* custom css */ .tdi_3_7dd.td-a-rec-img{ text-align: left; }.tdi_3_7dd.td-a-rec-img img{ margin: 0 auto 0 0; } The WHO issued a call for Expression...

French far right irked by election results, southern region in play

France’s far right performed worse than predicted in Sunday’s regional elections, exit polls showed, leaving victory in the southern battleground of Provence-Alpes-Cote d’Azur and a platform for the 2022 presidential election in the balance. Marine Le Pen’s Rassemblement National expressed frustration at a record low turnout,as the centre right made its first comeback at the ballot box since a disastrous showing in the 2017 presidential election and President Emmanuel Macron’s party finished fifth. The high abstention rate in Sunday’s first-round vote, projected at 68.5% by pollster Elabe, coincided with a sunny Sunday and emergence from months of tough COVID-19 curbs. “This evening the government won because for the last few weeks it has been in search of a massive abstention rate,” said ...

France, African leaders push to redirect $100 billion in IMF SDR reserves by October

French President Emmanuel Macron said on Tuesday a summit in Paris on Africa financing had agreed to work towards persuading rich nations by October to reallocate $100 billion in IMF special drawing rights monetary reserves to African states. Impoverished African economies must not be left behind in the post-pandemic economic recovery and a substantial financial package is needed to provide much-needed economic stimulus, African and European leaders concluded at a summit in Paris. In the immediate term, that meant accelerating the COVID-19 vaccine rollout and creating the fiscal breathing room for African nations, which will face a spending shortfall of some $285 billion over the next two years, the summit communique showed. The communique set out a two-pronged response based on addressing...

President Buhari arrives Paris for Financing Africa Summit

President Muhammadu Buhari has arrived in Paris for the Financing Africa Summit. The president left Abuja Sunday for the summit which is being hosted by President Emmanuel Macron of France. According to Buhari’s spokesperson, Garba Shehu, the summit will draw major stakeholders in the global finance institutions and some Heads of Government, who will, collectively, discuss external funding and debt treatment for Africa, and private sector reforms. “During the visit, President Buhari will meet with the French President to discuss growing security threats in Sahel and Lake Chad region, political relations, economic ties, climate change and partnership in buoying the health sector, particularly in checking spread of Covid-19, with more research and vaccines. “Before returning to Nigeria, Pres...

France’s economy minister contracts coronavirus

Getty Images French economy minister Bruno Le Maire announced Friday he has tested positive for COVID-19 but said he had no symptoms and was working from home as cases soared again in France. Le Maire, who is responsible for reviving a French economy battered by the months-long pandemic, is not the first member of President Emmanuel Macron’s government to have been diagnosed with the disease. “I tested positive for Covid-19 this evening. I immediately placed myself in isolation at home in line with the health regulations issued by the government,” Le Maire said in a tweet. “I show no symptoms. I will remain in isolation for seven days. I continue to exercise my duties,” the 51-year-old minister said. On March 9, the former culture minister and current minister for external trade, Franck Ri...

Emmanuel Macron, Angela Merkel agree €500 billion coronavirus recovery plan for Europe

France and Germany proposed Monday a 500-billion-euro ($542-billion) fund to finance the recovery of the European Union’s economy from the devastation wrought by the coronavirus crisis. Putting aside past differences and seeking to prove that the Franco-German core of Europe remains intact, President Emmanuel Macron and Chancellor Angela Merkel announced the unprecedented package after talks by video conference. European Central Bank head Christine Lagarde told major European newspapers that “the Franco-German proposals are ambitious, targeted and welcome.” With the European economy facing its biggest challenge since World War II, Macron also acknowledged that the EU had fallen short in its initial response to the virus and needed to coordinate more closely on health. Financed by “borrowin...