In early 2021, the International Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, through its Financing Facility for Remittances (FFR), established the Kenya National Remittance Stakeholder Network (NRSN) within the Platform for Remittances, Investments and Migrants’ Entrepreneurship in Africa (PRIME Africa).
The aim of the network is to gather key stakeholders in the Kenya remittance industry to facilitate dialogue among parties, share information, challenges, opportunities and practices. The NRSN Kenya Community of Practice (CoP) comes to address the members’ needs for more continuous, specific and in-depth discussion on remittances and its applications. Specifically, it offers an inclusive and collaborative space for its members to exchange practices that promote innovative business models and products, showcase public-private-partnerships and address new trends and market
In particular, the objectives of the CoP are to: