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Rising fuel prices linked to the Iran conflict have pushed Kenya’s inflation to a 16-month high.
Smallholder farmers in Kenya are being locked out of formal credit, not because they are risky borrowers, but because banking regulations are structurally biased against agriculture
The Central Bank of Kenya slashed its economic growth forecast for the country for 2026, warning that the Middle East conflict is driving up oil import costs and destabilising supply chains.
Kenya’s forex reserves have surged to a record $14.02 billion, offering a six-month import cushion as the country prepares for economic shocks from rising oil prices and Iran war disruptions.
The Central Bank of Kenya cut its benchmark interest rate on Tuesday and took technical steps designed to push commercial lending costs lower.
CBK faces a high-stakes decision on interest rates on Tuesday, caught between a cooling economy, a massive government borrowing plan, and mounting pressure to deliver affordable credit.
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