Tag archive for ‘Diaspora Remittance’
By admin On Wednesday, August 12th, 2015

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...

By admin On Monday, August 10th, 2015

Kenya Diaspora Remittance sent $1.38bln ,overtakes traditional Foreign Exchange Earners like Tea & Tourism

Kenyans living abroad sent back home a total of $1.38 billion (Sh. 138 billion) last year compared to $1.1 billion (Sh. 110 billion) the country earned from tea exports. Remittances are projected to rise to $1.5 More...

By admin On Thursday, July 16th, 2015

US firm in pact to allow money transfers from Kenya diaspora

Bharti Airtel and IDT Corporation, an American remittance company, have signed a deal that will allow Kenyans in the diaspora to directly send money through Airtel’s mobile money transfer service. IDT Corporation, More...

By admin On Saturday, July 4th, 2015

Kenya Diaspora Remittance increases by 7.9% to $129.1Mln – May 2015

According to the latest figures from Central Bank, Kenyans in the Diaspora sent home $129.1 mln in May compared to  $119.7MLN same time last year. This is an increase by 7.9%.  The increase was largely reflected More...

By admin On Wednesday, June 10th, 2015

Diaspora Remittance : Kenyans Abroad sent home $124.5 Million in April

Total remittances from Kenyans living abroad in April rose 9.8% from $113.4 million in the same month last year to $124.5 million. However, remittances from North America which usually constitutes the lion’s More...

By admin On Saturday, April 18th, 2015

The growth of remittances to Kenya hit 10.7 % last year, above the global average increase of about 6%

Kenya continues to see big increases in money sent home from around the world despite a downturn that has dampened remittances globally. According to new World Bank figures released this week, the growth of remittances More...

By admin On Saturday, April 4th, 2015

Kenya’s President Kenyatta declares 3 days of National Mourning : Garissa Attacks

Nairobi – Kenyan President Uhuru Kenyatta declared three days of national mourning on Saturday after Somali al-Qaeda-linked al-Shabaab gunmen killed almost 150 people in one of the country’s worst massacres. “I More...

By admin On Saturday, April 4th, 2015

Kenyans in the Diaspora remitted $123.2 Mln in February

According to the latest data from Central Bank, Remittance inflows to Kenya in February 2015 increased by 11.6 per cent to USD 123.2 million from USD 110.4 million in February 2014. Diaspora remittance to Kenya More...

By admin On Saturday, March 21st, 2015

All roads to Kensington as Diaspora Africans consider opportunities in Africa – Homecoming Revolution

At least 1 000 UK-based African professionals are gathering in London this week to meet with 25 pan-African employers who are flying in specially to woo them home with great opportunities. Homecoming Revolution’s More...

By admin On Friday, March 13th, 2015

15th March – World Money Transfer Day

Raising awareness of the cost of remittances The hard-earned money that migrants send every day to their loved ones back home represents a vital economic lifeline for millions of families around the world. However, More...