Skip to content
July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Breaking News
  • Macron Warns of Risk to African Sovereignty From China’s Increasing Economic Presence
  • Breaking News

Macron Warns of Risk to African Sovereignty From China’s Increasing Economic Presence

Admin March 12, 2019

Macron says Brexit cannot divide the EU, criticises Trump’s isolationism

 

Emmanuel Macron

French President Emmanuel Macron warned on Tuesday of risks to the sovereignty of African countries from China’s increasing economic presence as he began a visit to the east of the continent.

Macron arrived in Djibouti looking to reassert French influence in a former colony on the Horn of Africa where China has built a military base and invested billions of dollars in infrastructure.

According to Reuters, the French leader, who will also visit Kenya and Ethiopia on his current tour, cautioned that conditions attached to Chinese loans could be dangerous in the long term.

“China is a great world power and has expanded its presence in many countries, especially in Africa, in recent years,” he said alongside Djibouti President Ismail mar Guelleh. “But what can look good in the short term can often end up being bad over the medium to long term.

“I wouldn’t want a new generation of international investments to encroach on our historical partners’ sovereignty or weaken their economies,” Macron added.

China said in September last year it was helping Africa develop, not pile up debt, as the government pledged $60 billion to African nations and rejected criticism it is loading the continent with an unsustainable burden.

Djibouti is strategically located at the southern entrance to the Red Sea on the route to the Suez Canal. It hosts France’s largest naval base in Africa with 1,400 French personnel used to train African troops and monitor the Horn of Africa and Yemen.

DRIFTING APART

While Djibouti was regarded as a key French outpost in the past, Macron is only the second French leader to visit the tiny country of 1 million people in the last 20 years.

In a reminder of Beijing’s growing presence, Macron was received at Djibouti’s new Chinese-built presidential palace.

“Business is business. The Chinese invest here, while the French aren’t competitive,” a Djibouti government official said. “The French are late, very late. And they have no money.”

Djibouti’s president accused France in 2015 of abandoning Djibouti and investing very little there.

Macron said French firms were ready to invest in Djibouti for the long term but a better business environment was needed to shore up the country’s attractiveness to investors.

No commercial deals were signed during his visit.

“France considered Djibouti for too long to be a territory that was won,” said a senior French diplomat based in the region. “But now the competition from China is fierce.”

Djibouti also has a U.S. military base used as a launch pad for operations against Islamist militants in Yemen and Somalia, but in 2013 China opened its largest overseas military base in the country, rivaling those of Paris and Washington.

Beijing has provided financial aid, developed industrial output in Djibouti and poured investment into infrastructure projects, including upgrading a French railway built in 1917 linking Djibouti to Ethiopia’s capital Addis Ababa.

Chinese state banks have funded an infrastructure building spree across Africa. Many African leaders praise the Chinese for being willing to fund desperately needed projects to help kick start their economies with less bureaucracy than multilateral institutions like the World Bank.

But some Western nations have expressed concern that the loans could trap poor countries in debt, saddling them with poor quality projects and forcing them to hand over control of strategic assets used as collateral.

 

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Emmanuel Macron Ismail mar Guelleh Red Sea Suez Canal

Post navigation

Previous Unidentified Gunmen Abduct Lebanese Construction Worker, Kill Driver in Kano
Next Nigeria’s Broadband Penetration Now 32.34%

Related Stories

FCTA confirms 8 rabies cases, 2 deaths, issues alert
  • Breaking News

FCTA confirms 8 rabies cases, 2 deaths, issues alert

July 15, 2026
FG Opts for Stakeholders Consultation, Suspends Planned Exam Fee Hike for WASSCE, NECO
  • Breaking News

FG Opts for Stakeholders Consultation, Suspends Planned Exam Fee Hike for WASSCE, NECO

July 13, 2026
Emefiele Trial: Special Investigator Demands Posthumous Prosecution of Buhari, Trial of Boss Mustapha Over $6.2m CBN Loot
  • Breaking News

Emefiele Trial: Special Investigator Demands Posthumous Prosecution of Buhari, Trial of Boss Mustapha Over $6.2m CBN Loot

July 3, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Nigeria’s Erebor elected ATU confab preparatory committee chair
  • International News

Nigeria’s Erebor elected ATU confab preparatory committee chair

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.