Finance

Diaspora University Town (DUT) is progressing to achieve the money for DUT 20,000 jobs creation and 3,778 properties plan.  Dan Kamau, the Diaspora University Trust Executive Trustee and Diaspora University Town Project Director, and Ronald Mwangombe, a Trustee and founder of DUT Materials MSME, engaged bankers in Upper

Central Bank of Kenya (CBK) reports show Diaspora Remittances from 2004 to October 2024 total to $37,607,718, approximately Ksh 4 trillion. Where are these dollars? Is there any project or company that Diaspora Remittances have achieved? Dan Kamau, who is formerly of Worcester, MA in the USA, speaking

The annual report of Kenya Mortgage Refinance Company (KMRC) gives a mortgage product as follows: Single digit interest, fixed interest rate, repayment period of 25 years and financing of up to 105%. Diaspora University Town is on track to create 20,000 jobs and develop 6,700 units of housing

The Generation Z demonstrations and demands that led to the finance bill 2024 withdrawal are challenging Diaspora Kenyans to channel their remittances to create jobs. Diaspora Kenyans on seeing thousands, of the approximately 7 million young Kenyans born after 1997 who are aged 18 years to 27 years, “Generation Z,

DUT Credit Ltd goal is to reach Ksh 10 billion revenue in the year the first Diaspora University class completes 4 years of studies. The DUT Credit Ltd systems and plans needed to achieve the goal are established. The DUT Credit Ltd, Voi team, is working toward the goal. The

Central Bank of Kenya reports show the Diaspora remittances growing to $1.2 billion in the months of January to March 2024 when compared to the January to March 2023 of $1 billion. The Diaspora Kenyans in the U.S.A continued to remit the most remitting $644 million that

Diaspora Kenyans have desired to have a Diaspora Bank in Kenya where they are shareholders. The idea was started based on Diaspora remittances and the view of how Diaspora can grow Kenya. The Central Bank of Kenya (CBK) records show Diaspora remittances total from 2004 to 2023 as $34 billion