Kenya economy shakes 2 months into Iran war

Author: Patrick Alushula, Charles MwanikiPublished on: April 28, 2026Country: Kenya
Business & Economy
Kenya economy shakes 2 months into Iran war

The war in Iran has led to a downgrade of Kenya's growth forecast to 4.4% from 4.9%. Fuel prices have risen, with petrol increasing by Sh19.32 and diesel by Sh30.09. Disruptions to shipping routes have left millions of kilograms of tea stuck in Mombasa, threatening farmers' incomes. The government is seeking emergency funding of $300 million from the World Bank to support the economy.

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