African leaders call for climate equity and financial reforms

President William Ruto, Paul Kagame of Rwanda (left) and Libya's Mohamed Yunus al-Menfi. [Jonah Onyango, Standard]

African leaders have called for the need for collective climate equity and reforms within the global financial system to propel Africa towards sustainable development.

Speaking during the just-ended 59th annual meeting of the African Development Bank Group (AfDB), the leaders highlighted the challenges faced by African countries, including high financing interest rates, climate shocks, and constrained government revenues.