Hosted in partnership with the Government of Kenya, the meetings also marked ATIDI's silver jubilee celebrations and drew the attendance of senior policymakers, development partners, investors and private sector leaders from Africa and beyond.
President William Ruto said that the reform of the global financial system which African leaders have long advocated for must be accompanied by a bold reimagining of the continent's own financial institutions.
"For years, we have called for a fairer global financial architecture, one that stops mispricing African risk and making our capital needlessly expensive. That call remains right.. But Africa cannot wait for reform elsewhere," he said at a state house gala dinner held to commemorate ATIDI's 25th anniversary.
"We must complement the reform of the global financial architecture by building a stronger African financial architecture, one that mobilises African capital, mitigates African risk and finances African development on African terms."
Originally published by African Business.