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Tag: remittances

Remittances from Australia to Kenya Up by 48% to sh14.58 Billion

Remittances from Kenyans living in Australia surged by an impressive 48 percent in the first half of 2025, reaching Sh14.58 billion, according to new...

Kenyan Diaspora and Remittances Impact on The Economy

In the ever-evolving landscape of global economics, the Kenyan diaspora stands out as a powerful force driving national growth. With millions of Kenyans living abroad,...

From Europe to Kenya: How Profee is Revolutionising Remittances

How to send money from Europe to Kenya? This question puzzles many Kenyans working or studying abroad. Read on to learn more about how Profee.com,...

Low Remittances: Kenyan Diaspora Reluctant to Send Money Back

Investment Promotions Principal Secretary Abubakar Hassan in an interview with KBC on Wednesday revealed the main challenges leading to low remittances in the country. The PS explained...

Kenya Keen on Scaling up Diaspora Remittances to 10B Dollars

President William Ruto says the country is keen on scaling up its diaspora remittances from the current 4 billion dollars (Sh540 billion). They aim...

Kenya Diaspora Remittances Record Growth To Sh59.8 Billion

Kenya received Sh59.8 billion ($412.4 million) as remittance revenue in January 2024, which is Sh5.8 billion ($39.8 million)

Kenya Diaspora Remittances Grew with US Dollar Rise

Kenya Diaspora Remittances Grew as Shilling Drops Against US Dollar: Kenya's diaspora remittances grew to $345.9 million (over KSh 48.9 billion) in the past 12 months to June 2023, the Central Bank

Kenyan Diaspora Remittances dropped by Sh5 billion in April

Kenyan Diaspora Remittances dropped by Sh5 billion in April: The amount of money sent home by Kenyans living abroad dropped Sh5.1 billion in April to $320.3 million (Sh44.1 billion),

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