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IPO-Eastern Africa Network

Where Creative Minds Congregate for Community Development!

Tag: Gross Domestic Product

“The rapid acceleration of digitalization has been the ‘silver lining narrative’ of the pandemic. Remittances have been one of the key beneficiaries of digital transformation as members of the diaspora sent funds to their loved ones back home to help them ride out the ravages of the pandemic,” says Patrick Njoroge, Governor of Central Bank of Kenya.

Remittance Flows to Kenya on the Upswing

By IFAD Published May 26, 2021 Despite the impact of the COVID-19 pandemic on wages and employment across the world, the Kenyan diaspora community continues to send money back home to their families. The Central Bank of Kenya data show that remittance flows to Kenya increased by 10 per cent,…

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Uhuru Kenyatta, Kenya's President, receives Jack Ma at StateMukhisa Kituyi, UNCTAD's Secretary-General, looks on. House, Nairobi, as

Kenya Joins Global Capacity-Building Programme for Entrepreneurs

By Khalifa Hemed Published July 21, 2017 Though Micro, small and medium-sized enterprises (MSMEs) are said to contribute some 33.8% of Gross Domestic Product (GDP) and 81.1% of employment opportunities in Kenya, 98% of them not only exist outside the formal economy but are run by women and youth without…

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