President William Ruto heading to the United Nations General Assembly in New York on September 21, 2026 / PCSPresident William Ruto took a stroll through New York City as he headed to the 81st Session of the United Nations General Assembly.
Ruto is in New York for the high-level UNGA sessions, where he is also engaging global leaders and investors on Africa’s development and financing needs.
President William Ruto heading to the United Nations General Assembly in New York on September 21, 2026 / PCSSpeaking at the Africa We Build High-Level Roundtable on Regulation, Risk and Reward, Ruto said Africa has sufficient capital to finance its development but needs reforms to ensure the money is directed towards productive investments.
He said restrictive financial rules remain a major barrier between Africa’s savings and the infrastructure projects the continent needs.
“Africa is not short of capital. Our domestic capital pools have surpassed $4 trillion. What stands between these savings and the infrastructure we need are the rules that determine where capital can go,” Ruto said.
President William Ruto strolls in New York as he heads to the United Nations General Assembly in New York on September 21, 2026 / PCS
Ruto called for changes to Africa’s financial architecture to ensure the continent’s risk is assessed using its own experience.
“We must reshape the financial architecture to price African risk against African experience, make insurance affordable and create investable instruments that channel our savings into power, transport and industry,” he said.
The President said Kenya was already investing in mechanisms designed to channel domestic capital into productive assets.
“Kenya is putting its own capital behind this agenda and building the instruments to turn savings into productive assets,” he said.
President William Ruto strolls in New York as he heads to the United Nations General Assembly in New York on September 21, 2026 / PCS
