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Kenya misses out on IMF food relief billions amid price surges

Concept of IMF loans. [Getty Images]

Kenya will not be eligible for emergency loans announced this week by the International Monetary Fund (IMF) to help vulnerable countries cope with food shortages and rising costs stemming from Russia's war in Ukraine.

The IMF said its new Food Shock Window will be open for one year through its existing Rapid Credit Facility and Rapid Financing Instrument programmes.

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