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Ruto says risk profiling locking Africa out from credit access

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.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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