Tag: Diaspora remittances

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Kenyan Women In Diaspora a Big Source Of Wealth

The fact that migrant women account for half of global remittance transactions highlights the important role they play in supporting their communities back home.

Inflation Forces Migrants to Reduce Remittances

The worsening inflation crisįs has affected the lives of international money senders around the world, a new report by WorldRemit has shown. The survey found...

Equity Bank New App For Kenyans To Send Money From UK and USA

Equity Bank Kenya has signed a partnership with NALA Payments Ltd, a remittance payment processing platform licensed in the UK and United States, to...

Kenyans Use Ksh211Bn Of Diaspora Remittances For Real Estate, Home Expenditure

About half of the total diaspora remittances in 2021 were allocated to investment in real estate (land and buildings) for recipients, mortgage payment for...

Co-op Bank Taps Into Diaspora Remittances

By the close of May 2021, diaspora remittances had hit Ksh122 billion over the four-month period under review. In the 12 months to May 2021, the cumulative inflows yielded Ksh363.3 billion.

Digital Solutions Tipped To Unlock The Full Value Of Diaspora Remittances

The fusion of finance and digital technology has powered one of the most exciting and rapid phases of development in Kenya and the world....

DP Ruto Strikes a Chord With Bold Diaspora Assault

The DP acknowledged the pivotal role played by the diaspora in boosting the country’s economy through remittances, philanthropy and other local development projects. He reminded them that he has a robust agenda to ensure that their aspirations and predicaments are addressed when he takes power in 2022.

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