Kenyan president calls for reforms in global financial system to spur investments

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Kenyan president calls for reforms in global financial system to spur investments

STORY: Kenyan president calls for reforms in global financial system to spur investments DATELINE: Aug. 18, 2023 LENGTH: 00:01:56 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of UNCTAD officials receiving Kenyan President 2. SOUNDBITE (English): WILLIAM RUTO, Kenyan President 3. various of the conference STORYLINE: Kenyan President William Ruto on Wednesday called for reforms in the international financial system to help boost investor confidence in Africa. De-risking Africa will foster better relations between the public and private sectors for the common good, said Ruto, who spoke during the United Nations Conference on Trade and Development (UNCTAD) presidential dialogue dubbed "Kenya: a driving force in accelerating continental trade and investment" held in Nairobi, the capital of Kenya. "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," he said in a statement released by the presidency after the meeting. R

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