The man changing remittances

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The African diaspora and migrants have for years been instrumental in helping family and friends at home get by, as huge annual remittance flows illustrate, but their contributions beyond remittances could have a significant impact on development, if tapped into.

The African Diaspora has grown to become such an important source of foreign exchange for Africa to the extent that the African Union (AU) has designated it as a sixth development “zone”, the other zones being West Africa, East Africa, Central Africa, Southern Africa, and North Africa.

Remittances from the diaspora increased by a significant 16 per cent to (Sh10.4 billion) $119.6 million in March from $103.4 million in a comparable period in 2013, Central Bank of Kenya said on Friday.

The United States has offered billions to contribute to Africa's economic development, but many who left the continent to build a new life in America may be missing out.

UK-based Africans explain how Covid-19 is affecting their ability to send money to family back home.

Private capital remittance sent by Ugandans in the diaspora dropped by $233 million (about Sh646.1b) in the first 10 months this year, a reflection of weak external environment.

Dodoma. Fourteen-year-old Ekilia Elias has proved not only to her school but the entire division that disability is not inability. The Standard Seven pupil at Buigiri School for the blind in Chamwino district in Dodoma region, is a star in her own right--admired by teachers and envied by fellow pupils--blind and non-blind—for her unmatched academic prowess.