A recent report shows that Kenya is now currently raking in more foreign exchange from its diaspora remittances than each of its major exports including coffee, tea and horticulture. Following this is Kenyan chemicals which earned $521 million in the period under review, coffee at $301 million, and petroleum products at $77 million. President William Ruto has addressed this with the formation of a state department to respond to specific issues of Kenyans abroad. This administration, under President William Ruto has noted that the welfare of Kenyans abroad should be taken seriously, not just for the remittance but for the likelihood to have them invest in the local markets to enhance economic growth. The Principal Secretary, Roselyn Njogu, and Cabinet Secretary for Foreign and Diaspora affairs, Alfred Mutua, have prioritized the welfare of the Kenyans diaspora.

Source: Daily Nation January 23, 2023 15:03 UTC