Philanthropy: A stop-gap to climate finance and debt distress in Africa

Debt distress and default was a recurring concern raised by leaders at the 77th United Nations General Assembly (UNGA) in New York, this week. At $70.7 Billion, constituting almost 70% of Kenya’s GDP, the current debt stock reigns over any development agenda in the country. The latest Treasury figures indicate that 60% of all tax…

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