remittances

13 Articles
The Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

Kenya’s Diaspora Remittances Hit Ksh1.15T

Money sent home by Kenyans living abroad is becoming increasingly important to the country's economy, with new data showing diaspora remittances have grown...

Prime Cabinet Secretary Musalia Mudavadi
BUSINESS

Kenya Hits Ksh1T in Diaspora Remittances

Kenyans living abroad have sent home over Ksh1 trillion this year, marking the highest remittance record in the country’s history. Prime Cabinet Secretary...

The Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESSECONOMY

Diaspora Remittances Hit Ksh54B in September

Kenya’s economy continues to draw quiet strength from its citizens abroad, with new data showing that diaspora remittances rose slightly in September even...

OPINION

Time To Remit Some Love And Care To Diaspora Kenyans

February marks the annual observance of Black History Month in the US and Canada. Black History Month began in the US in the...

Various bank notes side by side
ECONOMY

Diaspora Remittances to Kenya Rise Despite Covid-19, Defy Regional Trend

A new report from the World Bank exploring remittances during the Covid-19 period has offered insights into how inflows have been affected by...

FEATURED ARTICLE

Equity Bank Diaspora Remittances Share Hits Sh66.6 Billion

Equity Bank’s share of diaspora inflows grew by 28% during the first half of the year to Ksh 66.6 billion from Ksh 52.2...

FEATURED ARTICLE

Sh30 billion worth of remittances used to support education in Kenya

New research from the digital money transfer service, WorldRemit, shows thousands of Kenyan children are in school, have access to books and educational supplies, and...

Mr Mesel hit the headlines last month after it emerged that he sent her girlfriend, Ms Felesta Nyamathira Njoroge, over $914,967 (Ksh102 million)
FEATURED ARTICLE

Kenyans abroad remitted Sh200b last year

Payments from immigrants back to their home countries rebounded to reach a new record in 2017 but the costs of transferring funds also...

FEATURED ARTICLE

SimbaPay launches Pan-Africa remittances chatbot

SimbaPay, a London based digital money transfer provider, has announced the launch of an AI (Artificial Intelligence) powered chatbot service which now makes...