Govt Applies for World Bank Emergency Loan to Stop Fuel Price Hike - April 2026

Kenya has formally applied to the World Bank for an emergency loan to combat rising fuel costs exacerbated by the ongoing conflict in the Middle East. The government seeks to stabilize fuel supply and prevent further price hikes. Deputy President Kithure Kindiki has urged opposition leaders to cease politicizing fuel prices, attributing recent hikes to global market factors rather than domestic policy. The Kenya Tea Development Agency (KTDA) has issued a stark warning about a potential major crisis within the tea sector, with significant disruptions to exports caused by escalating fuel prices and ongoing conflict in the Middle East.

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Govt Applies for World Bank Emergency Loan to Stop Fuel Price Hike

Kenya has formally applied to the World Bank for an emergency loan to combat rising fuel costs exacerbated by the ongoing conflict in the Middle East. The government seeks to stabilize fuel supply and prevent further price hikes.