Kenya received $419.6 million (Sh54.3 billion) in diaspora remittances in September, a 0.2% increase from August, according to the Central Bank of Kenya (CBK). Cumulative inflows over the past 12 months rose 7.6% to $5.08 billion (Sh657.9 billion). The United States remained the largest source, with funds supporting education, healthcare, and family needs. CBK projected remittances to reach $5.24 billion (Sh678.7 billion) in 2025 and $5.56 billion (Sh720.1 billion) in 2026.

Kenya and Australia agreed to expand cooperation in trade, investment, agriculture, mining, and the blue economy to strengthen bilateral economic ties. During talks in Nairobi, both sides emphasized boosting market access, improving seed and livestock quality, and attracting more Australian investors to Kenya. The discussions focused on developing the maritime sector and coastal infrastructure to enhance regional commerce. The two nations aim to upgrade their partnership to an Economic Partnership Agreement level.

Diamond Trust Bank (DTB) Kenya reported that lending to SMEs increased due to improved economic stability and lower interest rates. CEO Murali Natarajan credited government and Central Bank policies for strengthening the shilling and boosting business confidence. He added that DTB planned to double its balance sheet within four years. Trade CS Lee Kinyanjui urged banks to expand financing for businesses leveraging the African Continental Free Trade Area.

Dubai-based airline Flydubai has launched direct flights between Nairobi and Dubai, becoming the fifth international carrier to begin operations in Kenya this year. Operating four times weekly, the service is expected to strengthen air connectivity and support Kenya’s goal of attracting 5.5 million visitors by 2027. Tourism Cabinet Secretary Rebecca Miano said the route will enhance trade and tourism links, urging travel agents to leverage the opportunity to market Kenya globally.

Kingdom Bank opened its 24th branch in Bungoma as part of its expansion strategy targeting farmers, traders, and MSMEs in Western Kenya. The bank said the new branch improved access to credit and financial services in the region’s agricultural and trade sectors. Managing Director Anthony Mburu stated that the branch supported agribusiness, healthcare, and hospitality ventures, reinforcing the bank’s goal of deepening financial inclusion and empowering small businesses.

The Kenya Tea Development Agency (KTDA) rejected claims that it misused over KSh 1 billion raised by farmers in Kericho and Bomet for the Settet Power Generation projects. KTDA said it spent all funds on two hydropower plants, Chemosit and Kipsonoi. The agency blamed project delays on financing and land issues. It urged leaders to confirm facts before making public statements and assured farmers that their contributions remain safe and audited.