President William Ruto has challenged global financial systems to price African risk fairly, based on actual default and recovery records rather than outdated assumptions. Speaking at "The Africa We Build" High-Level Roundtable meeting in New York, President Ruto noted that objective risk ratings could save African nations billions of dollars. He urged rating agencies and standard setters to reform methodologies that currently penalize the continent's long-term economic investments and development.
WILLIAM RUTO – RATINGS