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February 13, 2026
1w ago

Kenyans Abroad Send Home Ksh53 Billion in January 2026 Remittances

Kenyans Abroad Send Home Ksh53 Billion in January 2026 Remittances

Part of the reasons given for the strong performance of the Kenyan Shilling is the remittances that grew marginally in 2025 to Ksh649.5 billion...

✨ Key Highlights

In January 2026, Kenyans abroad remitted Ksh53 billion, according to the Central Bank of Kenya (CBK). This represents a 3.8 percent decrease from the Ksh55.1 billion sent in January 2025, despite an overall annual increase in remittances.

  • Total annual diaspora remittances rose from Ksh640.9 billion to Ksh648.7 billion, a 1.2 percent increase.
  • The CBK's tightened compliance and licensing requirements for money transfer operators, including enhanced anti-money laundering (AML) and counter-terror checks, have contributed to changes in remittance flows and increased operational costs for smaller firms.
  • Remittance inflows are a key source of foreign exchange earnings and support Kenya's balance of payments, with foreign exchange reserves at Ksh1.6 trillion as of February 12, 2026.

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