Africa Diaspora Remittance – The hand that keeps giving.
By Agnes Gitau Financing Africa’s public and private sector projects has always been an expensive business, the outbreak of COVID 19 has caused a tremendous strain on access to finance, in an already More...
Diaspora Remittance up by 7.3%
Source: Wall Street Kenya Foreign remittances are a key source of income for many low-income households in Kenya. Kenyans living abroad sent home $278.4 million in January 2021, a 7.3% improvement from the $259.4 More...
Financing Africa – The role of Africa Diaspora Remittance and Diaspora Savings
Financing Africa’s public and private sector projects has always been an expensive business, the outbreak of COVID 19 adds further strain to Africa’s access to finance in an already stretched environment. More...
Kenya Diaspora Remittance up by 6.2% – The hand that keeps giving
Despite earlier projections of diaspora remittance decline by the World Bank, Kenyans in the Diaspora remittance rose by 6.2%, sending $707.3 million in the period between January to March 2020 compared to $665.8 More...
World Bank Predicts Sharpest Decline of Remittances in Recent History
Remittances to sub-Saharan African economies could fall by as much as 23.1% this year according to new World Bank estimates, due to the impact of the Coronavirus pandemic. Total flows could drop from $48bn in 2019 More...
High Taxation on remittance hinders Diaspora Contribution -East Africa
Tanzania and Rwanda are the most expensive countries in the region to send money to from the United Kingdom, a position that has been hindering growth in diaspora remittances. Tanzania is the second most expensive More...
Kenya Diaspora Remittance at$432.6Million – Q1
Diaspora remittances in the first quarter of the year rose by four per cent compared to a similar period in 2016, bucking a falling trend in other African economies. Latest Central Bank of Kenya (CBK) data shows More...
Unleashing the power of Africa’s Civil Society
File Pic – With Jeremy Cobyn, Agnes Gitau , MAU MAU Veterans Unleashing the power of Africa’s civil society By Kingsley Ighobor A Liberian women’s peace movement led by 31-year-old Leymah More...
London Mayor Elections ‘ The battle of the Faiths’ As Africa Diaspora prepares to vote
File Pic : Zac Goldsmith with Khan ‘The Battle of Faiths’ as Africa Diaspora prepares to cast Vote London is home to over 300,000 Africans according to 2011 census . These Africans Diaspora with permanent More...
Diaspora Remittance helped improve East Africa’s Currency Reserves
Kenya’s Diaspora remittance ranked No.1 Foreign Currency earner in 2015 @ $1.14 Billion East African economies received more than $3.5 billion in diaspora remittances in 2015, with the largest amounts being More...
