Remittances and ‘Dependency’: Rethinking How Kenyan Diaspora Economics Actually Work
Remittances and ‘Dependency’ In 2024, Kenyans living abroad sent home an estimated USD 4.4 billion in remittances, marking an 18% increase from the previous year and surpassing revenues from traditional exports like coffee and tourism paymentology.com. This surge underscores the growing significance of diaspora remittances in Kenya’s economy. However, a prevailing narrative suggests that such […]
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