Dominance of Big Five countries puts Kenya's remittance inflows at risk

Five countries — the US, the UK, Saudi Arabia, Germany and Australia — accounted for 80 percent of the Sh474.7 billion that Kenyans wired from abroad, highlighting a huge concentration risk on its diaspora inflow sources.

Data from the Central Bank of Kenya (CBK) show that Kenyans abroad and well-wishers from those countries sent a combined Sh377.7 billion last year.