Bank of Uganda Deputy Governor Augustus Nuwagaba on Diaspora Investment Opportunities

• The Bank of Uganda's Deputy Governor will share insights on diaspora investment at an upcoming webinar.
• Uganda's diaspora sent a record US$2.5 billion in remittances in 2025, accounting for about 3.8% of the country's GDP.
• Equity Bank Uganda is positioning itself as a trusted investment partner, connecting Ugandans abroad with financial solutions to invest confidently in Uganda.

The webinar aims to equip Ugandans living abroad with practical knowledge and expert insights to invest confidently in Uganda.

The Bank of Uganda's Deputy Governor, Prof. Augustus Nuwagaba, is set to share his insights on the growing role of diaspora investment in driving Uganda's economic transformation at an upcoming webinar. The virtual session, hosted by Equity Bank Uganda, will explore how diaspora remittances can be leveraged to create businesses, jobs, and sustainable wealth. This edition of the Equity Diaspora Webinar Series comes as Uganda's diaspora continues to send record remittances back home, with a significant portion being used for household expenses rather than long-term investments. The webinar aims to equip Ugandans living abroad with practical knowledge and expert insights to invest confidently in Uganda.

Uganda's diaspora is making an increasingly significant contribution to national development, with remittance inflows reaching a record US$2.5 billion in 2025. This represents about 3.8% of Uganda's GDP and highlights the potential for diaspora investment to drive long-term economic growth. Equity Bank Uganda believes that with the right financial guidance, investment structures, and banking solutions, diaspora remittances can become an even stronger catalyst for entrepreneurship, business expansion, and wealth creation. The webinar will discuss how sound policy, financial innovation, and secure digital banking can work together to unlock greater investment opportunities.

Equity Bank Uganda is positioning itself as a trusted investment partner, connecting Ugandans abroad with financial solutions that enable them to save, invest, and manage their investments back home with confidence. The Bank's commitment to creating meaningful conversations around financial planning, wealth creation, and investment opportunities for Ugandans abroad has led to its recognition in diaspora banking. Earlier this year, the Bank was named Corporate Business of the Year at the African Business Chamber (AfBC) African Business Awards 2026 in London, in recognition of its contribution to financial inclusion, cross-border banking, trade facilitation, and diaspora investment across Africa.

Lawyers and compliance officers should watch for the potential implications of this webinar on Uganda's economic transformation, particularly with regards to diaspora investment opportunities and the role of sound policy and financial innovation in unlocking greater investment possibilities.

Source: Original reporting via Independent (Kampala)