Kenyan Diaspora

[Mintali]

Is the Kenyan diaspora doing enough in terms of remmittances and investment? How big and strong is the Kenyan diaspora? How influential is it?
Post success stories about the Kenyan diaspora and what you feel should be done to make it more successful.

[Dhuks]

Originally Posted by Mintali

Is the Kenyan diaspora doing enough in terms of remmittances and investment? How big and strong is the Kenyan diaspora? How influential is it?
Post success stories about the Kenyan diaspora and what you feel should be done to make it more successful.

Their remittances is substancial thats for sure.

[èđđeůx]

I read an article about them last week:

Remittances from Kenyans abroad to grow further in 2012
http://www.businessdailyafrica.com/-...2/-/54i94vz/-/

Diaspora remittances to developing countries including Kenya are expected to rise by 7.3 per cent in the year 2012 after posting an 8 per cent surge last year.

Kenyans working abroad increased the amount of remittances sent home by 39 per cent last year, helping to cushion their friends and relatives from the rapid rise in consumer prices and also taking advantage of a government-driven diaspora Treasury bonds sale.

Remittances jumped to Sh75.7 billion ($891.1 million) part of which was also attributed to the Central Bank (CBK’s) aggressive marketing of the diaspora-targeted Treasury bonds.

[xJamaax]

It looks like the remittances dont help that much as people dont use it wisely to better the country.