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FSD Africa Seeks Philanthropic Funding Amid Declining Aid

12/1/2025

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Summary

Story summary

FSD Africa, a financial markets development agency established by the UK government in 2012, is seeking funding from philanthropists due to decreasing assistance from western nations.
Mark Napier, the agency's chief executive, said it anticipates receiving half of its funding from private sources next year, a drop from approximately 85% this year.
The agency is based in Nairobi, Kenya.

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Story summary

FSD Africa, a financial markets development agency established by the UK government in 2012, is seeking funding from philanthropists due to decreasing assistance from western nations.
Mark Napier, the agency's chief executive, said it anticipates receiving half of its funding from private sources next year, a drop from approximately 85% this year.
The agency is based in Nairobi, Kenya.