Kenya is working on a unique $1-billion plan to boost food security by March 2026, with the World Food Program (WFP).
According to a finance ministry document, the country aims to use a “debt-for-food” swap, where existing loans are restructured into cheaper ones—on the condition that savings go to food-related programmes.
Finance Minister John Mbadi previously told NTV that discussions are ongoing with the World Food Programme.
Though the new document doesn’t name any partners, the plan is gaining momentum.
Kenya also plans to raise another $500-million through sustainability-linked bonds and borrow $1.2-billion from the World Bank between March this year and June next year, as part of a broader financing strategy.
