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Ruto pledges to give Sh13 billion to lenders, insists on AU reforms

National

By Graham Kajilwa | May 30, 2024

Audio By Vocalize

**President William Ruto officially open the 60th edition of Annual Meetings of the African Development Bank Group at KICC. William said it's time for Africa to have her own Africa Court of Justice.** [Jonah Onyango, Standard]

Kenya has committed Sh13 billion (USD 100 million) to replenish its shareholding in three continental multilateral lenders even as President William Ruto called for reforms of global financial architecture to address destabilising debt and climate vulnerabilities in Africa.

Speaking during the African Development Bank(AfDB) 59th annual general meeting in Nairobi on Wednesday, President Ruto further called for reforms in the constitution and mandate of the African Union (AU).

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