{UAH} Diaspora remittances to East Africa on the rise - Business

East African economies received more than $3.5 billion in diaspora remittances in 2015, with the largest amounts being sent to Kenya and Uganda.

Uganda posted the highest growth at 21 per cent, receiving over $1.1 billion, followed by Kenya with an 8.6 per cent increase, pushing its remittances to $1.54 billion.

It is estimated that Tanzania received $770 million in remittances last year, according to the latest World Bank data.

Rwanda saw a drop in its diaspora remittances last year to $155.8 million, from $174.9 million in 2014.

http://www.theeastafrican.co.ke/business/Diaspora-remittances-to-East-Africa-on-the-rise-/-/2560/3172822/-/crrtjnz/-/index.html


Sincerely,

Brian M. Kwesiga

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