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Tag Archives: funds

AU finally secures EU funding for Mission in Somalia

  The AU Mission in Somalia (AMISOM) has got a much needed boost, after the European Union signed a 15th contract to provide financial support to the African Union (AU) peace keeping mission. AU Commissioner for Peace and Security Ambassador Smail Chergui signed on Wednesday on behalf of the African Union. The EU is offering  178 …

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VIDEO: Government Review – Ministries underutilizing funds

VIDEO: Uncertainty surrounds budget absorption targets as technocrats grapple with persistent slow utilization of funds within key sectors. Most of the money unutilized is borrowed from the World Bank attracting a high interest rates The Ministry of finance has now warned government departments that it will not release funds for unplanned expenditures …

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