Money Transfer

Bundles of US dollar banknotes packed inside an open briefcase, evoking cross-border remittance flows.

The Money's New Map: How America Eclipsed Britain as the Heart of Kenya's Diaspora Economy

New central bank figures show the United States now sends more than half of Kenya's recorded remittances, as Britain's historic lead fades and the Gulf steadies after a shock.

about 1 month ago5 min

Crisp banknotes fanned out on a table, representing money sent home by workers abroad

Business

The Envelope That Came Up Short: How a Gulf Tax and a Distant War Are Thinning Kenya's Diaspora Lifeline

For the first time in 2026, the money Kenyans abroad send home has begun to shrink — and the trail runs through Riyadh's new tax, a regional war, and half a million workers in the Gulf.

about 2 months ago5 min