Close Menu
  • Demos
  • Buy Now
  • Breaking news

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

THE OVER LOOKED REALITIES OF BREAST CANCER IN UGANDA

October 16, 2026

KCB BANK BACKS NEW UGANDA COFFEE VALUE-ADDITION DRIVE

October 16, 2026

MOROTO MINING BOOM SPARKS ALARMING TENFOLD HIV SPIKE

October 16, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
Elix News
Subscribe Login
  • Home
  • Politics

    THE POTHOLE CRISIS: CAN KCCA FIX KAMPALA BEFORE DECEMBER 2026?

    October 14, 2026

    STOP COUNTING SEATS: THOMAS TAYEBWA TELLS GLOBAL LEADERS WOMEN NEED REAL POWER

    October 14, 2026

    64 YEARS OF INDEPENDENCE: PRESIDENT MUSEVENI MAPS OUT UGANDA’S NEXT ECONOMIC TRANSFORMATION

    October 11, 2026

    PRESIDENT MUSEVENI HAILS HISTORIC UGANDA-RUSSIA MILITARY COOPERATION

    October 11, 2026

    ANITA RUKUNDO TAYEBWA TO LINK UGANDA, BAHAMAS TOURISM SECTORS

    October 10, 2026
  • Business

    KCB BANK BACKS NEW UGANDA COFFEE VALUE-ADDITION DRIVE

    October 16, 2026

    URSB CALLS FOR STRONGER PROTECTION OF CREATORS’ RIGHTS

    October 14, 2026

    FROM $3.9B ASHES TO A $74B HORIZON: UGANDA’S LONG WALK TO ECONOMIC SOVEREIGNTY

    October 13, 2026

    NWSC PUSHES LOCAL PUMP MANUFACTURING AND GLOBAL PARTNERSHIPS IN GLASGOW

    October 12, 2026

     UGANDA EYES $5 BILLION TOURISM JACKPOT BY 2030

    October 8, 2026
  • Education

    NO CROCS, NO SAGGING: KIU REDRAWS THE CAMPUS STYLE LINE!

    October 10, 2026

    UGANDA PARTNERS WITH COMMONWEALTH TO DIGITISE AND UPSKILL PARLIAMENT

    October 9, 2026

    NOT AI! VICTORIA UNIVERSITY UNVEILS STUNNING VISUALS FOR MASSIVE NEW NAGURU CAMPUS

    October 7, 2026

    ICELAND APPROVES $8 MILLION GRANT FOR SCHOOLS, WATER, AND SANITATION PROJECTS IN UGANDA

    October 6, 2026

    SYSTEMIC INJUSTICES: DELAYED PAY, PENSION HURDLES TOP PUBLIC GRIEVANCES IN UGANDA

    October 5, 2026
  • Environmental

    UGANDA TAKES CENTER STAGE IN GREEN REVOLUTION

    October 15, 2026

    FROM WATER TO POWER: CONTINENTAL GIANTS CHOOSE NWSC FOR PERFORMANCE BENCHMARKING

    October 14, 2026

    NWSC LEADS THE WAY AS UGANDA WINS BID TO HOST IWA CONGRESS 2027

    October 12, 2026

    THE BALD MOUNTAIN: HOW ENCROACHMENT IS BLEEDING EAST AFRICA’S GREATEST WATER TOWER

    October 11, 2026

    RUNWAY VS. MANYATTA: BALANCING KARAMOJA’S $72M AIRPORT WITH COMMUNITY CONSERVATION

    October 11, 2026
  • Regional

    FROM PRESIDENT TO REBEL CHIEF: JOSEPH KABILA TAKES CONTROL OF NEW M23-LINKED COALITION IN THE DRC

    October 16, 2026

    BREAKING BARRIERS: UGANDA AND SOUTH SUDAN SIGN HISTORIC TRADE DEAL AMID BORDER FRICTION

    October 14, 2026

    UGANDA AND SOUTH SUDAN TO CUT CROSS-BORDER COSTS AT 2ND ANNUAL BUSINESS FORUM

    October 14, 2026

    UGANDA AND SOUTH SUDAN LAUNCH FORUM TO BOOST $800M TRADE CORRIDOR

    October 9, 2026

    STOP EXPORTING RAW WEALTH! MUSEVENI, RUTO AND DANGOTE UNLEASH $16BILLION LAMU REFINERY TO SHAKE UP EAST AFRICA

    September 30, 2026
  • Entertainment

    WHY JOSE CHAMELEONE HAS ASKED AFRIGO BAND TO PRESERVE MOSES MATOVU’S SAXOPHONE

    September 26, 2026

    SAXOPHONIST ISAIAH KATUMWA MOURNS THE LOSS OF MUSIC ICON

    September 25, 2026

    POLICE DETAINS ROSE TUSIME OVER DEATH OF 77 YEAR OLD AFRIGO BAND MUSICIAN

    September 24, 2026

    ROCK BOOM TO ENERGIZES UGANDA RUGBY AFRICA 7s SERIES WITH SH 1BILLION

    September 22, 2026

    GOVERNMENT RELEASES 10BILLION TO BOOST ENTERTAINMENT INDUSTRY

    September 21, 2026
  • Health

    MOROTO MINING BOOM SPARKS ALARMING TENFOLD HIV SPIKE

    October 16, 2026

    THE FACE THAT FORCED MAKERERE TO BLINK: HANIFAH NAKIRYOWA’S 15-YEAR BATTLE FOR JUSTICE

    October 9, 2026

    ONE IN SEVEN: UGANDA’S BLIND SPOT IN THE WAR ON HIV

    October 5, 2026

    THE RACE TO SAVE LIVES AMIDST UGANDA’S NATIONAL BLOOD CRISIS

    October 4, 2026

    STOP GAMBLING WITH YOUR FAMILY’S FUTURE:PRUDENTIAL UGANDA DROPS THREE FINANCIAL BOMBSHELLS!

    October 1, 2026
Elix News
  • Home
  • Politics
  • Business
  • Education
  • Environmental
  • Regional
  • Entertainment
  • Health
Home»Business»UGANDANS IN KOREA ASKED TO MOBILIZE CAPITAL AND DRIVE UGANDA’S $500BILLION ECONOMY
Business

UGANDANS IN KOREA ASKED TO MOBILIZE CAPITAL AND DRIVE UGANDA’S $500BILLION ECONOMY

felix@elixnews.co.ugBy felix@elixnews.co.ugSeptember 6, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email

Uganda’s Ambassador accredited to South Korea, H.E. Tophace Kaahwa has urged its diaspora community residing in South Korea to actively participate in national transformation by mobilizing private capital to drive technology transfer and forge cross-border business partnerships.

Addressing over 650 Ugandans based in Korea, he characterized the diaspora as essential partners in economic and commercial diplomacy.

Ambassador Kaahwa called on Ugandans living abroad to direct investments into high-value domestic sectors, including agro-industrialization, tourism, mineral processing, and science, technology, and innovation.

Second Deputy Prime Minister Dr. Crispus Kiyonga urged the diaspora community in the Republic of Korea to leverage their skills, networks, and capital to advance national development and help scale Uganda’s economy to USD 500 billion by 2040.

The Second Deputy Prime Minister and Head of the Ugandan Delegation, Rt. Hon. Dr. Crispus Kiyonga, delivered fraternal greetings from H.E. President Yoweri Kaguta Museveni and commended the community for preserving unity while representing Uganda’s commercial interests abroad.

Dr. Kiyonga highlighted the government’s long-term economic roadmap, which targets expanding the national economy to USD 500 billion by 2040.

He emphasized that achieving this macroeconomic goal depends on strategic investments in industrialization, energy expansion, modern transportation infrastructure, and private-sector partnerships.

The delegation highlighted ongoing administrative efforts to implement a streamlined Diaspora Policy, designed to safeguard diaspora interests, facilitate knowledge sharing, and streamline remittances and investment procedures back home.

Government representatives affirmed that economic diplomacy and active diaspora engagement remain central to enhancing Uganda’s global competitiveness and accelerating sustainable economic growth.

The diplomatic outreach was organized by the Uganda Embassy in Tokyo (concurrently accredited to the Republic of Korea) in Seoul, serving as a precursor to the Uganda–Korea Trade and Investment Meeting scheduled for September 6–10, 2026, in partnership with the Korea International Trade Association (KITA).

Uganda and the Republic of South Korea maintain strong, long-standing diplomatic, developmental, and economic relations that span over six decades

The two countries regularly hold bilateral meetings and high-level exchange visits. Ugandan leadership (including the Office of the Prime Minister and Parliament) frequently engages South Korean special envoys and parliamentary delegations to collaborate on international development, regional stability, and global goals

Uganda actively leverages its diaspora community residing in South Korea (numbering over 650 people) as vital economic ambassadors to boost technology transfer, skills development, and bilateral ties

 

BANK OF UGANDA KACITA UGANDA KCCA MAKERERE UNIVERSITY MINISTRY OF DEFENCE MINISTRY OF FINANCE MINISTRY OF FOREIGN AFFAIRS MINISTRY OF LOCAL GOVERNMENT MINISTRY OF PUBLIC SERVICE MINISTRY OF TRADE PARLIAMENT OF UGANDA PSFU UGANDA UCC UGANDA INVESMENT AUTHORITY UGANDA POLICE URA
Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleUGANDA RALLIES ITS DIASPORA IN KOREA FOR INVESTMENT AS TRADE TALKS OPEN
Next Article UNBS,IEC COLLABORATE TO STRENGTHEN SAFETY OF ELECTRICAL PRODUCTS
felix@elixnews.co.ug

Related Posts

THE OVER LOOKED REALITIES OF BREAST CANCER IN UGANDA

October 16, 2026

KCB BANK BACKS NEW UGANDA COFFEE VALUE-ADDITION DRIVE

October 16, 2026

FROM PRESIDENT TO REBEL CHIEF: JOSEPH KABILA TAKES CONTROL OF NEW M23-LINKED COALITION IN THE DRC

October 16, 2026

KTA SYMPOSIUM: TAP INTO AFRICA’S $500BILLION DIGITAL BOOM

October 16, 2026
Leave A Reply Cancel Reply

Our Picks

STOP COUNTING SEATS: THOMAS TAYEBWA TELLS GLOBAL LEADERS WOMEN NEED REAL POWER

October 14, 2026

HAPPY AS SINGLE MOTHER, DANIELLE ATIM

March 29, 2024

’  

October 2, 2025

JACQUELINE MBABAZI FOR ELDERLY MP RACE

June 27, 2025
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Opinion

THE OVER LOOKED REALITIES OF BREAST CANCER IN UGANDA

By felix@elixnews.co.ugOctober 16, 20260

By Dr. Aleesha Adatia Every October, the world is painted pink. The pink ribbon has…

KCB BANK BACKS NEW UGANDA COFFEE VALUE-ADDITION DRIVE

October 16, 2026

MOROTO MINING BOOM SPARKS ALARMING TENFOLD HIV SPIKE

October 16, 2026

FROM PRESIDENT TO REBEL CHIEF: JOSEPH KABILA TAKES CONTROL OF NEW M23-LINKED COALITION IN THE DRC

October 16, 2026
About Us
About Us

Elix News is your source for trusted news, anytime. Browse topics from Entertainment to Politics to Sports, we cover it all!

Our Picks

THE OVER LOOKED REALITIES OF BREAST CANCER IN UGANDA

October 16, 2026

KCB BANK BACKS NEW UGANDA COFFEE VALUE-ADDITION DRIVE

October 16, 2026

MOROTO MINING BOOM SPARKS ALARMING TENFOLD HIV SPIKE

October 16, 2026
Facebook X (Twitter) Instagram Pinterest
  • Home
  • Breaking news
  • Featured
  • Business
  • Entertainment
© 2026 Elix News. Designed by Goph Technologies.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.
I have disabled my ad blocker

Sign In or Register

Welcome Back!

Login to your account below.

Google Icon
GitHub Icon
LinkedIn Icon
X Icon
Lost password?