On the margins of the United Nations General Assembly (UNGA), Invest Africa, a leading pan-African trade and investment platform, hosted a US-Africa Investment Forum at which Kenyan President William Ruto underscored the urgency of addressing climate change as well as Africa’s potential to lead the energy transition.
The US-Africa Investment Forum, held in partnership with the Milken Institute, included a fireside chat with President Ruto and Michael Milken, Chairman of the Milken Institute, where President Ruto reiterated these calls for partnership and investment opportunities.
He emphasized the role of credit rating agencies in shaping Africa’s investment landscape, highlighting concerns about the nature of creditworthiness assessments and their impact on emerging economies.
Africa Finance Corporation President & CEO Samaila Zubairu and Standard Chartered Bank Managing Director Kevin Garrow made keynote remarks, followed by a stellar panel discussion on innovation and emerging trends in climate finance across Africa.
“It was a great privilege to host H.E. William Ruto, President of the Republic of Kenya, on the sidelines of this year’s UN General Assembly” Karen Taylor, CEO of Invest Africa said.
President Ruto’s leadership on climate and sustainable investment is inspiring, and we look forward to supporting his efforts to fortify the continent’s climate resilience and propel climate-smart investments into African markets.”
Kevin Garrow, Managing Director and Head of Natural Renewable Resources & Industrials – Americas at Standard Chartered Bank, commented “Africa has been an enduring cornerstone of our growth narrative for well over a century, and we look forward to collaborating with President Ruto and his administration to unlock sustainable finance opportunities, propelling Kenya and the broader continent towards a low-carbon future.”
