Uganda Courts Korean Diaspora for Investment Ahead of Trade Talks

Uganda is calling on its citizens residing in the Republic of Korea to become catalysts for national development by repatriating investments, technological expertise, and skills. This appeal was a central theme at a diaspora engagement event held in Seoul, preceding the official Uganda-Korea Trade and Investment Meeting.

The event, hosted by Uganda’s embassy in Tokyo, served as a platform for dialogue between the Ugandan community in Korea, government officials, and stakeholders. Discussions focused on the diaspora’s role in Uganda’s economic growth, avenues for investment, trade opportunities, and the significance of economic diplomacy.

Ambassador Tophace Kaahwa emphasized the embassy’s commitment to supporting Ugandans abroad and encouraged them to contribute to Uganda’s economic agenda. She highlighted potential sectors for investment, including tourism, mineral development, science and technology, and agribusiness, noting the positive impact of increased power generation on the economy. The ambassador also urged Ugandans in Korea to obtain national identification cards.

Dr. Crispus Kiyonga, the Second Deputy Prime Minister and head of the Ugandan delegation, conveyed President Museveni’s greetings and praised the diaspora’s unity and patriotism. He provided an update on Uganda’s economy, currently valued at approximately USD 70 billion, with an ambitious target to reach USD 500 billion by 2040. Dr. Kiyonga also detailed significant government investments in road infrastructure to boost economic activity.

Further underscoring the government’s commitment, Ambassador Johnny Muthahi Muhindo announced the development of a comprehensive diaspora policy to enhance coordination and services. Consultations for this policy are underway across various global regions, including Asia. He encouraged participation in the upcoming Uganda Diaspora Convention in December 2026, promoting knowledge and technology transfer.

Ambassador Henry Mayega recognized the diaspora’s contributions through remittances and expertise, identifying them as key partners in advancing Uganda’s priority sectors. Dr. Kim Jin Bo, Uganda’s Honorary Consul in Busan, lauded the growing relationship between Uganda and South Korea and urged Ugandans to leverage their experiences in Korea for Uganda’s progress.

Mr. Hamza Kyamanywa, President of the Ugandans in South Korea Association, reported that 654 Ugandans were living in Korea as of July 2026, comprising students, employees, and entrepreneurs. The community remains connected to home and actively contributes to Uganda’s development. Challenges, such as the absence of a resident embassy in Korea, were also raised during the open session.

This outreach is part of a series of engagements surrounding the Uganda-Korea Trade and Investment Meeting, scheduled to commence on September 6, 2026.

Source: Nile Post