Expatriates living and working in Kenya sent a record Sh86.99 billion back to their home countries in the year ended December 2023, data shows, underlining improving fortunes for foreigners in the country.
Newly published Central Bank of Kenya (CBK) data shows that the amount—an equivalent of Sh7.25 billion a month—represents a 24.3 percent rise from Sh69.96 billion the expats remitted to their home countries in the preceding year.
