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...
Diaspora remittances rise to Sh14bn in August on weak shilling
Kenyans working in the diaspora sent home Sh14 billion in August as they sought to take advantage of the weak shilling. Data from the Central Bank of Kenya (CBK) shows that diaspora remittances increased by 3.2 More...
Kenya tops EA bloc in impact investments
Kenya had impact investments worth $4.2 billion (Sh. 420 billion), 46% of all such investments in the region, between 1998 and 2004. A total $9.3 billion (Sh. 930 billion) worth of impact investments were made in More...
