President William Ruto now says that Africa is not only seeking funding but is also after partnerships that can ensure its progress.
Speaking on Monday during the opening session of the International Development Association (IDA21) summit in Nairobi, Ruto said that African nations propose a plan that will ensure everyone has a dignified livelihood.
"We seek not just funding, but a partnership for progress. African nations propose a robust plan for Climate Positive Growth, aligning with the Nairobi Declaration from last year's Africa Climate Summit, to ensure stable, dignified, and sustainable livelihoods across our continent," he said.
Ruto, the host President, said with enough support, Africa will be able to transform its agriculture, water security, and energy access.
He added that the continent will also be able to create job opportunities for over 4 million youths entering the job market monthly.
He insisted that the continent is committed to exploring African-led initiatives as they pursue these opportunities.
"We aim to control our destiny, managing our resources responsibly and sustainably, to drive Africa’s industrialization agenda using our abundant energy, mineral and human capital resources.
"Our commitment is to transparency and accountability in our socio-economic development plans, ensuring the efficient and effective use of IDA funds," Ruto said.
The President said IDA's efficiency and effectiveness make it a unique force for good.
He said the association signifies the best of global cooperation, characterized by compassion, lasting dedication, and fruitful collaboration.
He noted that Africa recognises this and does not take it for granted.
"We are setting an example with our ambitious agenda for structural and systemic reforms, underpinned by a steadfast commitment to tangible results, transparency, and robust partnerships."
Ruto called on donor organisation to increase their support to IDA from the $93 billion raised in 2021 to at least $120 billion this year.
