RemittancesGateway.org

Charts

Data

All figures in millions of US dollars
All numbers in red are, or contain, estimates

Current News

Kenya

   02-05-2012 Remittances to Kenya jump to record high in March - Reuters Africa

Remittances to Kenya jump to record high in March Reuters Africa NAIROBI (Reuters) - Kenyans abroad sent home $106.2 million in March, the highest monthly amount since the central bank started releasing data on the flows in 2006, and 48 percent up from the same month last year. Remittances are one of the main ... and more »

Read more...

   03-05-2012 African Markets - Factors to watch on May 3 - Reuters

Independent Online

African Markets - Factors to watch on May 3 Reuters KENYA OIL The Kenyan government must share revenues from its newfound oil reserves with the communities in its impoverished north to avoid armed insurrections, the minister for the region said. KENYA REMITTANCES Kenyans abroad sent home $106.2 million ... Central Bank retains benchmarkCoastweek all 36 news articles »

Read more...

   03-05-2012 Kenyan Remittances Climbed 48% to Monthly Record in March - BusinessWeek

Business Daily Africa

Kenyan Remittances Climbed 48% to Monthly Record in March BusinessWeek By Sarah McGregor on May 03, 2012 Kenyan remittances from citizens abroad jumped 49 percent in March to a monthly record, amid efforts to lure investment from the diaspora and improved methods for the data's classification, the central bank said. Remittances by diaspora surge 53 per cent in three monthsBusiness Daily Africa all 6 news articles »

Read more...

   08-05-2012 We Need to Invest More in Diaspora - AllAfrica.com

We Need to Invest More in Diaspora AllAfrica.com Research shows that the benefits of remittances to economic development would be limited without deliberate policy measures that channel them to development priorities. I am pleased that the Central Bank of Kenya has set up the infrastructure bond to ... and more »

Read more...

   14-05-2012 Helping Remittances Go Further - International Affairs Review

International Affairs Review

Helping Remittances Go Further International Affairs Review By Yvonne Chen “Here is your remittance payment. Would you also like to open a bank account with us today?” It seems to make a lot of sense—banks that provide services to send money to migrants' families back home automatically opening bank accounts ...

Read more...

   17-05-2012 Over the sea and far away - The Economist

Over the sea and far away The Economist If you try to send a small amount of money from America to the Philippines, say, or Mexico, you will probably have to queue at a neighbourhood money-transfer agent and pay a fee that could easily reach 10% of the value of the remittance.

Read more...

   18-05-2012 Out of Africa: Trade, Technology, and Knowledge—Part 2, Mobile Wallet and ... - Africa.com (blog)

Out of Africa: Trade, Technology, and Knowledge—Part 2, Mobile Wallet and ... Africa.com (blog) Furthermore, Kenya, with Nairobi growing as Africa's Silicon Valley, already has a culture of domestic remittances from urban cities to rural villages. Despite being the site for research and development, Beamit Mobile has decided to launch first in ...

Read more...

   18-05-2012 VP Takes Campaign to the Diaspora - AllAfrica.com

VP Takes Campaign to the Diaspora AllAfrica.com The VP will also take time to emphasize to Kenyans living abroad on the importance of increasing their remittances back home, as a way of boosting the local economy. During the tour in the US tour, the vice president is expected to deliver a speech at ... and more »

Read more...

   18-05-2012 Mobile payments already exceed cheques - Finextra

Mobile payments already exceed cheques Finextra Remittance and transfers by mobile is growing three times faster than m-banking. Mobile remittances are a form of mobile payments, essentially mobile-led P2P. A study released in May, 2012 from MasterCard found that although the United States is ready ... and more »

Read more...

   18-05-2012 Integrated suite of products needed: Assocham study - Hindu Business Line

Integrated suite of products needed: Assocham study Hindu Business Line The study, commissioned by the Associated Chambers of Commerce on financial inclusion and insurance, said it would be fruitful to integrate micro-savings, micro-credit, micro-remittances and micro-insurance, which are the main components of financial ...

Read more...

Related Articles

• Kenyan Remittances Climbed 48% to Monthly Record in March - 2012-05-07
• Kenyan remittances up 40 pct in Jan-Central Bank - 2012-03-09
• Kenyan remittances up 39 percent in 2011 - 2012-01-30
• Kenya remittances up 39 pct yr/yr in Oct - 2011-12-19
• Kenyan Remittances Surged 53% to $79.6 Million in August - 2011-09-21
• Kenya's July remittances up 44 pct yr/yr: c.bank - 2011-08-26
• Kenyans pay steep price to send money home - 2011-04-04
• Kenyans Living Abroad Sent Home $124.9 Million in First Two Months of Year - 2011-04-01
• Kenya: M-PESA to Accept Remittances through Alliance with Western Union - 2011-03-31
• Kenya remittances leap 42 pct yr/yr in Jan - 2011-03-17