It started small decades ago, but a steady rise in the number of Kenyans seeking greener pastures abroad has today turned remittances from the diaspora one of Kenya’s fastest-growing foreign exchange earners.
For example, data from the Central Bank of Kenya (CBK) shows that remittances from the diaspora were a record Sh666.7 billion in 2024, reflecting the gains of consistent growth in recent years and largely beating forecasts.
