T
Originally published by The Standard BusinessApril 1, 2026
5h ago
The true impact of Iran-US war on the Kenyan economy
Keproba urged the roundtable of Mombasa exporters to diversify their export markets, particularly by exploring intra-African trade opportunities to offset the losses...
✨ Key Highlights
Kenya's international trade is facing a significant crisis due to the ongoing Iran-US conflict, which has disrupted key shipping and air freight routes, especially impacting the horticulture and re-export sectors.
- Losses for tea traders are estimated at $24 million weekly, with 6-8 million kilograms of tea currently held up at the Port of Mombasa.
- The Kenya Export Promotion and Branding Agency (Keproba) is urging exporters to diversify into intra-African trade to mitigate these losses.
- The conflict threatens approximately Sh164.65 billion of Kenya’s annual exports to the Middle East through disrupted air and maritime trade, and a 13% rise in global oil prices.
Continue Reading
Read the complete article from The Standard Business
Advertisement
Related News
Advertisement