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Airline seeks $40 million aid


Low-cost African airline Fastjet, announced a fundraising and equity refinancing aimed at increasing its equity base by at least $40 million.

Airline seeks $40 million aid

By Reuters | 2 years ago

Stop over-dependence on external funding, Uhuru urges AU summit

Stop over-dependence on external funding, Uhuru urges AU summit

President Uhuru Kenyatta Saturday said the continent stands on the threshold of new rebirth and the African Union should stop depending on external funding to finance its programmes.

PSCU | 6 years ago

Who really benefits from Western aid?

A few weeks ago, a number of NGOs in Kenya were deregistered after they were found to have contravened rules governing such organisations. Many were ‘briefcase’ NGOs whose mandate, source of funding and activities were suspicious.

Jennifer Muchiri | 6 years ago

It’s a scramble for Africa all over again

The announcement by the US of their renewed interest in Africa means it is on the table again, to be auctioned.

Odhiambo Ramogi | 2 years ago