Blueprint for global financial architecture that works for Africa

Rwanda President Paul Kagame (L) and Kenya’s William Ruto speak at the presidential panel during the 2024 AfDB AGM in Nairobi, Kenya on May 29, 2024. PHOTO | POOL

African leaders have finally laid out the blueprint for the financial architecture that many of the continent’s political bigwigs and economists have been calling for, clearly painting the picture that has been at best a silhouette in recent years.

Over the past two years, leaders on the continent, as well as civil societies and economic think tanks, have raised concerns over how the international financial architecture is designed, saying it does not work for Africa.