Equity Bank Uganda is set to host another edition of its Diaspora Webinar Series on Saturday, August 1, 2026, with a strong focus on helping Ugandans living abroad transform their remittances into long-term investments that create wealth and drive economic growth back home.The virtual event is designed to encourage members of the Ugandan diaspora to look beyond sending money for daily family needs and instead explore opportunities that can generate sustainable income through strategic investments.
The bank believes remittances can play a much bigger role in building businesses and strengthening Uganda’s economy.The webinar will feature Bank of Uganda Deputy Governor Prof. Augustus Nuwagaba, who is expected to share insights on the growing importance of diaspora investment in supporting Uganda’s economic transformation. His presentation will also highlight how supportive policies and financial innovation can encourage more Ugandans abroad to invest confidently in their home country.Participants will receive practical guidance on investment opportunities in sectors such as commercial agriculture, manufacturing, real estate and small and medium-sized enterprises. Financial experts will also provide advice on wealth management, financial planning and banking solutions specifically designed for Ugandans living overseas.Uganda continues to benefit significantly from money sent home by its citizens abroad.
In 2025 alone, remittances reached a record US$2.5 billion, equivalent to about Shs9.3 trillion, making a major contribution to the country’s economy. While much of this money supports education, healthcare, housing and household expenses, experts believe a greater share can be invested in productive ventures.Through the Diaspora Webinar Series, Equity Bank aims to equip participants with the knowledge, confidence and financial tools needed to make informed investment decisions. The initiative also strengthens the bank’s commitment to providing convenient digital banking services and personalised financial support for customers regardless of where they live.
The participation of the Bank of Uganda Deputy Governor underscores the growing national interest in unlocking diaspora investment as a key driver of economic growth. The discussions will also examine how government policies, secure digital banking and financial innovation can create a more attractive investment environment for Ugandans abroad.Equity Bank Uganda has continued to strengthen its leadership in diaspora banking, earning the Corporate Business of the Year Award at the African Business Chamber African Business Awards 2026 in London. By bringing together policymakers, financial experts and Ugandans living overseas, the webinar is expected to inspire more diaspora communities to turn remittances into lasting wealth while contributing to Uganda’s long-term economic transformation.
