Blog

BRICS BLOG POSTS

Reflections from the 4th International Conference on Financing for Development

The 4th International Conference on Financing for Development, was more than just another global dialogue. It was a powerful reminder that development finance must evolve from merely raising funds to intentionally redesigning financial systems that are inclusive, resilient, and locally owned. At BRICS, we followed the conversations closely, especially those that spoke directly to Africa’s realities and aspirations. A resounding message echoed across the sessions: Africa and the Global South must move from being recipients of development agendas to becoming architects of their own financial futures.

Do We Need Bursaries?

On Wednesday, the 2nd July, 2025, Parliament overwhelmingly passed the Constitution of Kenya (Amendment) Bill, 2025, to anchor the National Government Constituency Development Fund (NG-CDF), the Senate Oversight Fund (SOF), and the National Government Affirmative Action Fund (NGAAF) into the Constitution.
While it provides sustainable certainty and stability in future fundings, many legitimate constitutional, legal and governance questions arise from this. Of particular concern is the continued battle for control of the essential bursary allocations funded through the various bursary kitties.