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Kenya : Debt-for-food swap to mobilize $1bn by March 2026

Kenya plans to raise $1 billion through a debt-for-food security swap by March 2026, the finance ministry said. The initiative will redirect debt savings into food programs, as inflation pressures rise due to scarce staples. Nairobi also intends to issue $500 million in sustainability-linked bonds and expects $1.2 billion in World Bank financing. Talks with the World Food Programme are reportedly advanced.

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