Kenyans living and working abroad sent home Sh. 52.2 billion in May
Jambo List Admin June 18, 2024
Kenyans living in diaspora sent home Sh. 52.2 billion in the month of May, data from the Central Bank of Kenya for the month of May shows. The data that is contained in the Central Bank of Kenya’s Weekly Bulletin that was released last week shows that remittance inflows from Kenyans living and working abroad remained strong amounting to USD 404.4 million (Sh. 52.2 billion at an exchange rate of 129 to the US dollar) in May 2024, compared to USD 352.1 million (Sh. 45.4 billion) in May 2023, an increase of 14.9 per cent. At the same time, the cumulative inflows for the 12 months to May 2024 totaled USD 4,509 million compared to USD 3,997 million in a similar period in 2023, which represented an increase of 12.8 per cent. The United States remained the largest source of remittances to Kenya, accounting for 48 per cent of the
Read MoreH.E Willliam Ruto Meeting Kenyans Living in the US, Cobb Galleria Center, Atlanta.
Jambo List Admin May 24, 2024
Watch video below.
Read MoreBooker, Scott, Coons Introduce Resolution Celebrating 60-Year Anniversary of U.S.-Kenya Relations
Jambo List Admin May 24, 2024
WASHINGTON, D.C. – Today, U.S. Senators Cory Booker (D-NJ), Chair of the Subcommittee on Africa and Global Health Policy, and Ranking Member Tim Scott (R-SC), and Chris Coons (D-DE) introduced a resolution recognizing the strategic relationship between the United States and Kenya and celebrating the 60-year anniversary of U.S.-Kenya relations. The resolution comes as President Joe Biden welcomes Kenyan President William Ruto to the White House for a historic State Visit. The United States and Kenya established diplomatic relations in 1964 and have since developed a strong and enduring partnership. Kenya has become one of Sub-Saharan Africa’s largest economies, and a regional hub for transportation, innovation, and finance. The resolution reaffirms the U.S.-Kenya strategic partnership and highlights the need for continued engagement on increasing economic opportunity, defense cooperation, and public health. The resolution also calls for continued cooperation in promoting, strengthening, and defending democratic values and respect for human rights.
Read MoreThe Annual Jambo List Diaspora Business Expo is here
Jambo List Admin May 22, 2024
Exciting Highlights of the Upcoming Jambo List’s Annual Business Expo. As the business landscape evolves and opportunities abound, there’s no better time than now to learn about business and investing opportunities available to our diaspora community. Our upcoming Business Expo promises a dynamic showcase of investing, networking, and growth opportunities that are not to be missed. Keynote Visionaries: Renowned industry leaders and visionaries such as Honorable Rebecca Miano and Senator Corey Booker’s representative will grace our stage, sharing insights, strategies, and foresight that can shape how you do business and invest in Kenya. From policy changes to emerging trends, their keynote addresses will inspire and inform. Innovative Exhibitor Showcase: Discover the latest innovations, products, and services at our Exhibitor Showcase. From real estate to African clothing, exhibitors will showcase products and services that our diaspora community engages in. Networking Opportunities: Connect with like-minded professionals, potential partners, and industry influencers throughout
Read MoreRuto appoints former ambassador Lazarus Amayo special envoy to the African Union
Jambo List Admin May 16, 2024
President William Ruto has appointed outgoing Kenya ambassador to the US Lazarus Amayo as the special envoy of the African Union Champion for Institution Reform. Mr Amayo will support the Ministry of Foreign and Diaspora Affairs in steering the President’s mandate as the African Union Champion for Institutional Reform. According to a statement by Head of Public Service Felix Koskei, the Special Envoy is expected to play a critical role in driving AU’s institutional reforms in liaison with the State Department for Foreign Affairs and the African Union institutions. Mr Amayo previously held several senior public positions, among them; Ambassador/Permanent Representative to the United Nations (2018-2020), High Commissioner of Kenya to the United Kingdom (2014-2018), the Permanent Representative of Kenya to the International Maritime Organization (IMO) and the Commonwealth Organisation. The special envoy post previously served as the Director for Europe and Commonwealth Division at the Ministry of Foreign Affairs
Read MoreADR can help to resolve disputes in construction
Jambo List Admin May 11, 2024
by John Mwaura, CEO – Finsco Africa. Picture this. You are a developer putting up houses and everything is going well—until prices of steel, cement, transport and other costs shoot through the roof and continue rising. You then realise that it is impossible to deliver. Such scenarios are increasing due to disruptions to the real estate sector, creating a fertile ground for litigation between home buyers, sellers and contractors. The Architectural Association of Kenya’s (AAK) “Status of the Built Environment Report 2023” shows construction costs skyrocketed last year with prices almost doubling from the range of Sh34,650-77,500 to Sh41,600-100,800 by year-end, the surge a result of pricier materials and fuel. The prices of steel reinforcement bars went up by 14.29 per cent and cement 15.38 per cent. A weakening shilling against major currencies inflated import costs. It is, therefore, understandable why many developers have been hard-pressed to deliver. Buyers have
Read MorePresident William Samoei Ruto to Address Congress on Official U.S. Visit
Jambo List Admin May 1, 2024
Washington, D.C. — Yesterday, House Foreign Affairs Committee Chairman Michael McCaul (R-TX) and Ranking Member Gregory W. Meeks (D-NY) sent a letter to Speaker of the House Mike Johnson (R-LA) requesting a formal invitation to the President of the Republic of Kenya, His Excellency William Samoei Ruto, to address a joint session of Congress on his official visit to the United States. “We are writing to respectfully request that you extend a formal invitation to the President of the Republic of Kenya, His Excellency William Samoei Ruto, to address a joint session of Congress on his official visit to the United States,” wrote the members. “If invited, President Ruto would be the first Kenyan head of state to address a joint session of Congress, and the first African head of state to address Congress since former Liberian President Ellen Johnson Sirleaf eighteen years ago. Such an invitation would underscore the
Read MoreBook Your Stay during Jambolist Expo 2024
Jambo List Admin March 25, 2024
Hello there, We’re excited to announce that room booking for the Jambo List Expo 2024 is now open! Secure your stay at the Embassy Suites Hotel in Piscataway Somerset, New Jersey for the event dates of May 24th to 25th. This is a premier opportunity to network with fellow participants, industry leaders, and innovators. Don’t miss out on insightful discussions, engaging sessions, and a chance to explore a diverse range of products and services. Booking your room is easy! Click here or go to https://www.jambolistexpo.com to reserve your space. The deadline to book is on 26th April 2024. We recommend booking early as rooms are expected to fill up quickly! See you in May! #JamboListExpo #DiasporaCommunity #Networking #Investment
Read MoreIntroducing Our Expo 2024 Chief Guest
Jambo List Admin March 11, 2024
Jambo List invites you to the Diaspora Expo 2024, a dynamic event bridging the gap between Kenyan businesses and investors from the USA. Join us between the 24th and the 25th of May 2024 at the Embassy Suites by Hilton Piscataway Somerset, New Jersey for an extraordinary opportunity to showcase your goods and services to the vibrant diaspora community. Whether you’re an established company or a promising startup, this expo is your gateway to connect with Kenyans in the diaspora eager to invest, partner, and explore exciting opportunities. Our comprehensive event features exhibitors from all sectors, ensuring a diverse and enriching experience for everyone involved. Mark your calendars and be ready for to enjoy three days filled with networking, collaboration, and endless possibilities. Don’t miss out on this chance to be part of something extraordinary! We are thrilled to announce our distinguished Chief Guest, Hon. Rebecca Miano, MBS, CS,
Read MoreJambo List 2024 Expo Invitation
Jambo List Admin February 8, 2024
Dear Diaspora Community, Happy New Year! Wishing you a year filled with joy, success, and exciting opportunities. May it be a time of growth, prosperity, and positive experiences for you. We are thrilled to extend an invitation to you for the Jambo List’s 2024 Expo, a premier gathering that promises an immersive experience and unparalleled opportunities. The event will take place between May 24 and 26 at the Embassy Suites Hotel located in Piscataway, New Jersey, and we are excited to bring together industry leaders, innovators and enthusiasts from all different sectors. For Attendees, join us for a day of discovery and networking. The Jambo List 2024 Expo will feature the following; Insightful keynote sessions from industry experts. Engaging in panel discussions on emerging trends. A showcase of unique products and services. Ample networking opportunities with peers and professionals. For Vendors, position your brand in front of a diverse audience
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