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With dwindling global funding, Africa should chart a bold path

National Treasury CS John Mbadi(3rd left) is received by National Assembly Minority Leader Junet Mohamed as Budget and Appropriations Committee Chairman Samuel Atandi(right) and other leaders looks on at Parliament on June 12, 2025. [Boniface Okendo, Standard]

As East Africa’s Finance Ministers unveiled their budgets this week, the region’s top philanthropic funders met in Kigali amid growing uncertainty in global development financing.

For all that gathered, it was clear that without bold and innovative action, development financing faces an uncertain future. Except in Kenya, where protests over the savage police killing of Albert Ojwang’ shifted focus from the budget, East African Finance Ministers presented their finance bills without disruption.

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