French President Emmanuel Macron on Monday was to host African leaders, diplomats and lenders at a summit aimed at helping Sudan after years of conflicts.
France will lend Sudan $1.5 billion to help the African nation pay off its massive debt to the International Monetary Fund as it emerges from decades of authoritarian rule, French Finance Minister Bruno le Maire said Monday.
Several heads of state were to gather in Paris to discuss investment in Sudan and negotiate its debt to help the government of Prime Minister Abdalla Hamdok in the transition after the 2019 ouster of Omar al-Bashir.
The next day, a summit on African economies will try to fill a financing shortfall of almost $300 billion caused by the COVID-19 pandemic.
Both meetings, held in a temporary exhibition center near the Eiffel Tower in Paris, will be a chance for Macron to show himself as a statesman on Africa whose influence goes beyond the continent's Francophone regions.
The meetings will both mark a return to in-person top-level gatherings after the COVID-19 pandemic made video conferences the norm.
Among those attending both meetings will be Rwandan President Paul Kagame in a rare visit to France as Paris presses for reconciliation with Kigali, after a historic report made clear French failings over the 1994 genocide.
"The Sudanese transition is considered by us - but also by the entire international community - as an example of democratic transition in Africa and as such deserves special attention," said a French presidential official who asked not to be named.
The official said the summit aims to unite the international community around helping Sudan, in particular addressing its vast debt pile.
IMF chief Kristalina Georgieva was expected to be present as well as top European diplomats, including German Foreign Minister Heiko Maas and EU foreign policy chief Josep Borrell.
Sudan's debts to the Paris Club, which includes major creditor countries, is estimated to make up around 38 percent of its total $60 billion foreign debt.
France will lend Sudan $1.5 billion to help the African nation pay off its massive debt to the International Monetary Fund as it emerges from decades of authoritarian rule, French Finance Minister Bruno le Maire said Monday.
Several heads of state were to gather in Paris to discuss investment in Sudan and negotiate its debt to help the government of Prime Minister Abdalla Hamdok in the transition after the 2019 ouster of Omar al-Bashir.
The next day, a summit on African economies will try to fill a financing shortfall of almost $300 billion caused by the COVID-19 pandemic.
Both meetings, held in a temporary exhibition center near the Eiffel Tower in Paris, will be a chance for Macron to show himself as a statesman on Africa whose influence goes beyond the continent's Francophone regions.
The meetings will both mark a return to in-person top-level gatherings after the COVID-19 pandemic made video conferences the norm.
Among those attending both meetings will be Rwandan President Paul Kagame in a rare visit to France as Paris presses for reconciliation with Kigali, after a historic report made clear French failings over the 1994 genocide.
"The Sudanese transition is considered by us - but also by the entire international community - as an example of democratic transition in Africa and as such deserves special attention," said a French presidential official who asked not to be named.
The official said the summit aims to unite the international community around helping Sudan, in particular addressing its vast debt pile.
IMF chief Kristalina Georgieva was expected to be present as well as top European diplomats, including German Foreign Minister Heiko Maas and EU foreign policy chief Josep Borrell.
Sudan's debts to the Paris Club, which includes major creditor countries, is estimated to make up around 38 percent of its total $60 billion foreign debt.
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