Ruto seeks boost to World Bank fund for developing nations
Kenyan President William Ruto speaks at the conclusion of the summit of African leaders and the World Bank at the Kenyatta International Convention Centre in Nairobi on April 29, 2024. Ruto urges wealthier nations to increase contributions to a World Bank fund aimed at supporting African development and combating climate change. PHOTO | COURTESY
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What you need to know:
Ruto urges donors to the World Bank's International Development Association (IDA) to raise their contributions to at least $120 billion in 2024, from $93 billion raised in 2021.
