Kenya

Money & Movement: Kenya's remittances slip off a record — and the Gulf is the wild card

April inflows fell 5.9% from a year earlier, and a World Bank warning flags up to US$40m a month at risk from Middle East conflict.

Nairobi Dispatch: Two Pressures Are Squeezing the Money Kenyans Abroad Send Home

Kenya's remittance corridor squeezed from two directions at once

*The U.S. cash-remittance tax and tightening Saudi labour conditions are pressing the two largest Kenya inbound corridors at the same time. The dollar value of remittances may hold while purchasing power drops.*

This week's FX, the corridors that matter

Weekly Xe-sourced reference rates. Use these for context; always check Wise or your service for live executable quotes before sending.

With Egypt now Africa's #1 remittance recipient, diaspora investment is the next move every government is considering

Five governments are visibly evaluating diaspora bond programs in the next 18 months. The Nigeria 2017 model remains the only fully-subscribed African issuance. The window for diaspora input is open.

South Africa is suddenly drawing tourists from Kenya, Nigeria, Ghana, Zimbabwe, and Mozambique. The regional economy is rerouting.

The intra-African tourism flow that development economists have predicted for a decade is now actually happening. Durban, Cape Town, Johannesburg are the early beneficiaries.

Angola passes Kenya. Egypt passes Nigeria. The African economic rankings are shifting under the diaspora's feet.

New IMF data shows a different continent than the one diaspora investment narratives have assumed for the last decade. The countries to send money to are not the ones we have been talking about.

Why Nigeria's diaspora bond worked and Ghana's didn't

A bft analysis walks through the design choices that separated the 130-percent-oversubscribed Nigerian instrument from less successful issuances.

Rugby Africa Women's Cup opens tomorrow in Nairobi with Kenya hosting four-nation tournament

Kenya hosts the sixth edition of the Rugby Africa Women's Cup at the RFUEA Ground in Nairobi from May 23 to 31. South Africa, Uganda, and Madagascar complete the field for a tournament that has become a central African women's sport calendar fixture.

Kenya transport strike suspended after four killed in fuel-price protests

Strait of Hormuz disruption is now a Caribbean hurricane-season fuel story too.