Kenya has asked the World Bank for support following rising oil prices.

Kenya’s central bank governor said the country has asked the World Bank for additional financing to help absorb economic shocks stemming from the escalating conflict involving Iran. Rising global oil prices and supply disruptions have increased pressure on Kenya’s currency and inflation outlook. The government hopes concessional financing will stabilize markets and protect vulnerable households from higher fuel and food costs. Officials emphasized that Kenya remains committed to fiscal reforms but needs temporary support to manage external volatility.

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https://www.reuters.com/world/africa/kenya-requests-world-bank-funds-cushion-iran-war-shock-central-bank-chief-says-2026-04-16/