Four months after Kenya was the pioneering partner in the America First Global Health Strategy (AFGHS), the country faced severe flooding that increased the risk of cholera, malaria, and other endemic diseases. The bilateral agreement signed by President William Ruto in December has meant a reduction in U.S. support and aid compared to the U.S. […]
Tag: International Development
Political Risk and Who Pays: Infrastructure Finance as Loss Allocation
Politicians and project-sponsors often present infrastructure projects as promised growth, mobility, jobs, or cleaner energy. After the ribbon-cutting a harder question remains: who pays when something goes wrong? In infrastructure and project finance, advisors and lenders describe this as a technical question of “risk allocation.” And in politics, it surfaces as corruption scandals, fiscal crises […]