Diaspora remittances to Kenya rose by 8.4 per cent to US$1.54 billion in 2015 up from US$1.43 billion in 2014. Elsewhere, Uganda’s Private Sector Credit shrank to 17.8 per cent due to high interest rates and uncertainties surrounding the country’s presidential election. Joining CNBC Africa to discuss market movements in the East African region is Eliud Maina, Corporate Finance Analyst at Sterling Capital.