French president announces €200 million for G5 Sahel countries for next five years
Speaking at the opening of the G5 Sahel Summit in Bamako, Mali, French president Emmanuel Macron promised increased commitment in security and development to the region. Macron announced that France will allocate €200 million in grants over the next five years. This funding will focus on three pillars: 1) education, 2) agriculture, and 3) climate change. The French Development Agency (AFD) will also designate a regional director specifically for the Sahel, based in Ouagadougou, Burkina Faso, to lead this engagement. Macron has also said he will work to further mobilize additional partners to fund the ‘Alliance for the Sahel’, such as Germany, the World Bank, African Development Bank, and the EU.
Mauritania, Mali, Burkina Faso, Niger, and Chad are the member countries of the G5 Sahel, a regional coordination framework for development policies and security issues.