Diaspora remittances overtakes tea, coffee, tourism as Kenya’s highest foreign exchange earner

US Dollar

NAIROBI, KENYA: Nearly everything that Kenya has exported is returning less and less value as the economic crisis deepens. But there is an exception: Labour.

Remittances from Kenyans living and working abroad have been getting better. These monies have been a fresh breath of air to a ravaged economy, and have significantly helped to prop up the Shilling.