Kenyans working and living abroad money sent home $299.3 million (Sh32 billion) in April, a four-month high marking a 43.7 per cent increase compared to $208.2 million over the same period last year. It saw the cumulative inflows in the 12 months hit $3.3 billion compared to $2.8 billion in the same period last year, an 18.1 per cent increase. Inflows in April were 2.8 per cent higher compared to remittances in March, with the US accounting for 57.2 per cent of total remittances sent during the month. Diaspora remittances now leads as Kenya's top forex earner after agricultural exports and tourism revenues suffered the effects of Covid-19. The Central Bank of Kenya has been conducting an anonymous online Kenya Diaspora Remittances Survey to establish ease of sending remittances back home.

Source: The Star May 18, 2021 00:56 UTC