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diaspora remittances

Coverage of diaspora remittances in the Nexus archive.

Earliest in view: May 25 · 11:42 UTCMost recent: Jun 26 · 08:29 UTC
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Recent coverage
  • BUSINESSJun 26 · 08:29 UTCTHE RIO TIMES
    Africa’s Quiet Lifeline: Diaspora Remittances Top $100 Billion

    Remittances from Africans abroad exceeded 100 billion dollars in 2024, serving as a critical financial lifeline that surpasses aid in many regions of Africa. The article highlights the significance of diaspora contributions to the continent's economy.

  • BUSINESSMay 25 · 11:42 UTCSEMAFOR
    Kenya’s mobile money tax plans threaten M-Pesa growth

    Kenya’s proposed 16% VAT on mobile money services like M-Pesa and Airtel Money, along with a 25% excise duty on mobile phones, risks slowing fintech growth and financial inclusion. Experts warn the taxes could push users back to cash, harm diaspora remittances, and undermine Kenya’s leadership in mobile money innovation.