Search

Kenya Boosts Diaspora Remittances Forecast to 12% on Strong 2024 Start

  • Central Bank of Kenya raises remittance growth forecast from 5% to 12%
  • Remittances saw a 20% jump in the first four months of 2024

 

Nairobi, Kenya – Kenya’s central bank has revised its annual growth forecast for diaspora remittances, increasing it from 5% to 12%, driven by a robust performance in the first four months of the year.

You need an active subscription to continue reading this article.

Recent Business

breaking_news
Egypt Secures $100 Million Islamic Bank Financing to Boost Private Sector Growth
Read More »
breaking_news
Ghana’s Inflation Declines for First Time in Five Months
Read More »
generic-1-1024x683
Ghana Names Asiamah as Central Bank Governor as Addison Retires
Read More »

Recent Politics

generic-1-1024x683
Ghana Names Asiamah as Central Bank Governor as Addison Retires
Read More »
breaking_news
ECOWAS to Maintain Trade Ties with Burkina Faso, Mali, and Niger
Read More »
Ethiopia, Tigray Valley, day life
Cash Withdrawals Surge in Tigray Amid Instability Fears
Read More »

Latest Posts

Latest news insights