Tag: Remittances

India-UK Trade Pact to Boost UPI Use, Simplify Remittances

Europe admin -
(Commonwealth_Europe) India and the United Kingdom have taken a significant step toward transforming cross-border digital payments through a recently...

The Pakistani Diaspora- A Global Force for Economic Growth and Cultural Diplomacy

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _ The Pakistani diaspora, a dynamic and globally dispersed community, has evolved into a cornerstone of...

India’s Remittance Boom: $129 Billion Flowing In, But What Does This Mean for the Economy?

Business & Trade Suraj Atapattu -
India (Commonwealth) _India received the largest number of remittances ever received by any nation in any one year, with...

Senegal’s PM backs Diaspora Bank to Boost Development

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _ Senegal's Prime Minister, Ousmane Sonko, recently revived a proposal to establish a bank specifically for...

Zimbabwe’s surging diaspora remittances boom financial sector

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _ Zimbabwe's financial services sector is experiencing significant growth, driven by an 18% increase in diaspora...

Record breaking remittances

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _ The Central Bank of Nigeria (CBN) announced on Friday a remarkable surge in foreign exchange...
- Advertisement -
- Advertisement -

In 2023, Kenyans living abroad sent Sh670 billion home – CBK

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _ In the span of twelve months concluding in December 2023, Kenyans abroad significantly boosted the...

Pakistani diaspora in Qatar remitted $1 billion to Home Country

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _ Pakistan annually receives a staggering $27 billion in remittances from its global diaspora, a testament...

Remittances roll to Kenya

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _Over the last seven months, Kenya has experienced a remarkable 42% increase in remittances from its...

Why staff members are…

Africa Warsha De Silva -
Africa (Commonwealth Union) _ The "japa syndrome" in Nigeria refers to the significant trend of professionals, especially doctors and...