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Diaspora Kenyans to PS Njogu: Stop engaging cons to represent us

It emerged the govt nominated individuals who are not based abroad to a technical committee representing those in diaspora.

Nairobi areaForeign and diaspora affairs ministryRoseline njoguCapital markets authorityAbubakar hassan abubakarTechnical working groupIaspora investment promotionKenya diaspora alliance

Kenyans abroad cut remittances by Sh5 billion

This is a 10.5 percent decrease equivalent to $36.7 million.

United kingdomUnited statesJorge godinez reyesCentral bankGovernmental authority for developmentKenya diaspora allianceWorld bankSustainable development goalsLiving indexGodinez reyesRegional africanInter governmental authoritySub saharan africaKenya shillingCentral bank of kenyaSh137 37

Kenya charms diaspora to capital markets

While Kenya's diaspora remittance receipts have been growing, most go to consumption with negligible amounts invested in capital markets.

Nairobi areaGeoffrey odundoAbubakar hassanRigathi gachaguaShem ochuodhoKenya state department of investment promotion principalNairobi securities exchangeCapital markets authorityDepartment of investment promotionKenya diaspora allianceState departmentInvestment promotionWycliffe shamiahDeputy president rigathi gachaguaDiaspora allianceKenyans in diaspora

Credit Bank bets on Saccos to drive diaspora remittances

Credit Bank has unveiled a joint partnership to tap into the country's multi-billion-shilling diaspora market as it looks to prop up new product offering in an increasingly competitive market.

Romana rajputBetty korirNyumba mkononiCredit bankCentral bankInterswitch east africa limited countryFinancial inclusion programEuropean unionKenya diaspora allianceInternational fund for agricultural developmentAffordable remittancesEnhanced financial inclusion programRia money transferInternational fundAgricultural developmentRia credit bank

High transaction costs blamed for low remittance-driven investments

75% goes towards utility by family and friends with a paltry 25% going into saving.

David bernoKent libisoNyumba mkononiBetty korirKenya diaspora allianceFinancial inclusion programmeEuropean unionCredit bankEuropean union platform for remittancesCentral bankInternational fund for agriculture developmentWorld bankAffordable remittancesEnhanced financial inclusion programmeRia money transferInternational fund

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