Nairobi, April 6 -- Global rating agency Fitch has cut its 2026 growth forecast for Kenya from 5.2 percent to 5.0 percent amid a projected surge in inflation, fuelled by the aftershocks of the escalating US-Israel war with Iran.
The rating agency warns that inflation in sub-Saharan African nations, including Kenya, will run a 'bit hotter' than previously expected, reflecting the longer-than-initially-anticipated duration of the US-Israel conflict with Iran, which started on February 28.
The war is already sending shockwaves through the global economy, driving up energy costs, disrupting crucial shipping routes, and threatening to stifle global growth prospects.
"Kenya stands out as one of the Sub-Saharan Africa economies most exposed t...
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