The fireside chat between Mo Ibrahim & Pres. Ruto is the most riveting session of #IGW.
The candid convo was wide-ranging: global financial architecture, climate justice, African Union reforms, Africa’s external relations, etc. Some highlights 🧵1/ youtube.com/live/ny2jgGMMt…
“The current international financial architecture is, to put it bluntly, rigged against those of us in the global south because we cannot meaningfully address our development needs with the financial resources from this architecture” - @WilliamsRuto 5.50min 2/
Ruto urges African countries to be at the forefront of green industrialization.
Mo Ibrahim proposes that a fund be set up in which high emitters pay for consuming more than their fair share of the carbon budget.
They both agree on using market incentives i.e carbon pricing 3/
Ruto stresses the imperative of developing a strong common Africa position on climate change at the upcoming Africa Climate Week in Sept. This common Africa position should inform African countries’ negotiations at #COP28 in December at the UAE 11.30min 4/ youtube.com/live/ny2jgGMMt…
“We have the wrong architecture in the management of the African Union. Today we cant even support Somalia (with $85m) we are waiting for the EU” - @WilliamsRuto 🎯
He explains how the reluctance to relinquish some national sovereignty, like the EU, undermines the AU. 39min 5/
Both Ruto and Mo agree that the AU must take charge of the affairs of African countries: domestic funding, setting up its own standby force drawing on the continent’s youthful population etc… an objective recognized by all, but still not realised after years of handwringing… 6/
On Africa+1 Summits abroad, @WilliamsRuto says “sometimes we are mistreated. We are loaded into buses like school children. And it’s not right.”
Ruto says they’ve decided that African countries should be represented at these summits by the leadership of the AU & RECs 44min 7/
On African CSOs, “all I ask of our good friends in the CSO space… is always to look out for the interests of the people of our continent and not… to play to the gallery of the people who pay your cheque” **we all gasp** 54min 8/
Lots of interesting nuggets in this wide ranging chat between Mo Ibrahim @Mo_IbrahimFdn and President @WilliamsRuto Worth watching the entire video here. Lots of genuinely hilarious banter (like when Ruto described Museveni as “that old man” 🫢) END/ youtube.com/live/ny2jgGMMt…
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