President William Ruto has said in the wake of limited resources coupled with global economic slump, the continent must liberate itself from financial institutions that have burdened it with debts.
He noted that Africa needs a new institution that will handle its emerging opportunities effectively.
“The body should also deliver progressive programmes and policies for Africa’s sustainable growth.” Ruto explained.
He made the remarks in Nairobi today during the 39th Annual General Meeting of the Trade and Development Bank (TDB) Group.
Also accompanying the president were, among others, National Treasury and Economic Planning Cabinet Secretary Njuguna Ndung’u, TDB Group President Admassu Tadesse, Group Chairperson Renganaden Padayachy, Mauritius Minister of Finance, Economic Planning and Development, and African Union Commission Commissioner for Trade and Industry Albert Muchanga, among others.