Finance

Total 35 Posts

Ksh 676 Billion Diaspora Kenyans Remittances 2026

An article in the Business Daily in Kenya reports that the Central Bank of Kenya (CBK) projects remittances from the Kenyan diaspora will grow to KSh 676 billion. Dan Kamau, the Diaspora University Town (DUT) project director, wants about 0.5% (Ksh 3 billion of the 676 billion) remitted and

Tapping KCB Bank Financing Through Jobs at Diaspora University Town

KCB Bank visited Diaspora University Town (DUT) to open bank accounts for persons working in the DUT plan and the Ndara B Community MSMEs plans for building materials and farming businesses. Some of those who opened accounts said it was their first time. Dan Kamau, the DUT project director, said,

Diaspora Kenyans Visit DUT & Challenge Kenyans to Turn Diaspora Remittances into Projects

“Remittances to Kenya hit record, but diaspora struggles to find meaningful investments,” an article by Mshale in the U.S was part of the discussion by Diaspora Kenyans Frank Mutura of Raleigh, NC, Noah Wangai of Moreno Valley, CA, and Sam Kabuki of Lakewood, CA, when visiting Diaspora University Town

How DUT will Grow Banking Loan Assets & Create Jobs

The most significant contributor to the Bank's asset growth is loans. Loans create jobs, and jobs ​​, in turn, generate more loans. The ​$21.1 trillion in banking assets of the top 25 banks in the U.S. has been achieved through job growth.  Diaspora University Town (DUT) is at the

20,000 Jobs & KCB Bank Finance Reviewed at DUT Workshop

During the Diaspora University Town (DUT) 2025 workshop, the DUT 20,000-job plan and the KCB Bank finance plan were presented. The KCB Bank team was present and explained how the bank would offer diverse banking products. On his part, the DUT Project Director, Dan Kamau, said that the project

Prof. Philliph Mutisya of Diaspora University meets KCB Bankers in Nairobi

Prof. Philliph Mutisya of Raleigh, NC, USA, the Diaspora University lead founder academic system, and Jackson Kimanzi, formerly of Worcester, MA, who is currently the Diaspora University Town (DUT) building materials MSME, met with the KCB Bank team of premium and diaspora banking. The KCB Bank team was led by

200 DUT Townhouse Developers Eye Ksh 29 Billion KMRC Finance

In 2018, the Kenya Mortgage Refinance Company (KMRC) was established as a non-deposit taking financial institution. The shareholders include the Government of Kenya, 20 financial institutions, the World Bank, and Shelter Africa. The KMRC mandate is to provide long-term funds to primary mortgage lenders (PMLs) to increase the availability of
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