Remittances
KNBS report reveals Ksh931.8 billion in remittances to Kenya
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The Kenya National Bureau of Statistics released its 2025 Remittances Household Survey Report on Tuesday showing total inflows of Ksh931.8 billion from June 2024 to May 2025. The United States accounted for 43.5 per cent of the total. Most funds went to household consumption rather than investment.
Remittances to Huila grew 14.7% in the first quarter of 2026 compared to the same period in 2025, reaching a record 46.6 million dollars.
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Banco de la República reported remittances hit US$1.189 billion in May, up 8.5% from the prior year.
The Central Bank of Egypt announced that remittances from Egyptians working abroad reached unprecedented levels of about $33.9 billion in the first 10 months of 2025, compared to around $23.7 billion in the same period last year. On a monthly basis, remittances rose 26.2% year-on-year in October to approximately $3.7 billion.
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In Cuba, remittance couriers like Javier face a sharp drop in work due to police raids on currency networks. The government aims to control incoming dollar flows, as remittances become the main foreign currency source after the pandemic. This crackdown has bred fear and economic hardship for those relying on these services.