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Kenya is in talks with the World Bank to secure emergency funding worth approximately $450 million to address the economic impacts resulting from the war on Iran and to prepare for expected weather-related risks, such as the "super El Niño" phenomenon. The funding aims to enable the government to reallocate up to 10% of existing project funds to disaster and crisis response without incurring new debt. This step comes amid a slowdown in economic growth, which is expected to decrease to 4.3% in 2026 from 4.6% in 2025, due to rising oil prices, declining exports, remittances, and the potential occurrence of natural disasters that could affect agriculture and infrastructure.
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