Kenya received Ksh53.4 billion in diaspora remittances in February 2026, marking an 8% increase compared to Ksh 49.43 billion recorded in February 2025.
The latest figures indicate a recovery in inflows after three consecutive months of year-on-year declines, offering relief to the country’s foreign exchange earnings. Despite the annual growth, the February inflows represented a 3.4% drop from January 2026, when remittances were slightly higher.
According to data from the Central Bank of Kenya (CBK), the continued inflows highlight the resilience of diaspora contributions to Kenya’s economy, with monthly remittances remaining above the Ksh 50 billion mark.
Diaspora remittances remain one of Kenya’s largest sources of foreign exchange, alongside exports such as tea and tourism earnings.
The funds are largely sent by Kenyans working abroad, particularly in the United States, the United Kingdom, and the Middle East, and are often used to support household needs, education, healthcare, and real estate investments.
Economists note that the rebound could help support the stability of the Kenyan shilling and strengthen the country’s foreign reserves, especially at a time when Kenya continues to manage public debt obligations and external financing pressures.
The CBK continues to encourage formal remittance channels, saying improved digital transfer platforms and reduced transaction costs have played a key role in sustaining the steady flow of funds from the diaspora.
