Kenyans working and living abroad sent home a record USD 350.6 million (KSh39.7 billion) in December 2022, Central Bank of…
Search Results: Diaspora remittance (130)
Despite Kenya’s steady remittance inflows and the recovery in tourism, the current account deficit increased as surging commodity prices pushed imports to an all-time high.
Equity Bank Kenya has inked a deal with NALA Payments Limited, a remittance payment processing platform licensed in the UK…
Absa Bank Kenya has partnered with financial and payment card company Visa to launch a domestic and cross-border remittance service…
The US remains the largest source of remittances into
Kenya, accounting for 62 percent in April 2022.
About half of the funds remitted by Kenyans in the diaspora are invested in real estate, mortgage payment and to…