CS Kagwe Breaks Down How Kenya Lost Over Ksh300 Million to Middle East Conflict
The tensions involving Iran in the Middle East have had a ripple effect on Kenya, CS Kagwe revealing the country has lost an upward of Ksh600 million...
✨ Key Highlights
Kenya is experiencing a significant economic setback, losing an estimated Ksh300 million weekly due to the current conflict in the Middle East disrupting its key export markets.
- Kenya is losing Ksh300 million weekly in exports like meat and tea.
- Agriculture Cabinet Secretary Mutahi Kagwe revealed the losses and assured that the government is seeking alternative markets.
- The attacks, which began around February 28, 2026, have closed crucial trade routes and airspace in the region.
Continue Reading
Read the complete article from Kenyans
Part of the Day's Coverage
CS Kagwe Breaks Down How Kenya Lost Over Ksh300 Million to Middle East Conflict - March 2026
Kenya is experiencing a significant economic setback, losing an estimated Ksh300 million weekly due to the current conflict in the Middle East disrupting its key export markets. The United States and 32 member nations of the International Energy Agency (IEA) will jointly release 400 million barrels of oil reserves to stabilize global markets and prevent a potential fuel crisis, with Kenya among the countries set for fuel relief. The G7 nations, in coordination with the International Energy Agency (IEA), plan a record release of emergency oil reserves to combat surging prices driven by the US-Israel war.
