President William Ruto said derisking Africa will foster better relations between the public and private sectors for the common good.
He noted that the current financial system that has falsely profiled the global south as a risky investment destination works against the continent.
“There is no way you can get private sector money into Africa if we have not sorted out the issue of risk. Nobody will invest here,” said President Ruto.
He made the remarks during the United Nations Conference on Trade and Development (UNCTAD) Presidential Dialogue dubbed “Kenya: a driving force in accelerating continental Trade and Investment”, Nairobi County.