The 2nd Eritrean Diaspora Investment Conference: Strengthening Ties and Driving Growth in Uganda

The Eritrean Diaspora in Uganda is preparing for a transformative event—the 2nd Eritrean Diaspora Investment Conference and Festival. Scheduled for December 21, 2024, at Palace Play Park in Kampala, the event aims to celebrate the Eritrean community’s contributions to Uganda’s economy while fostering unity and cultural integration.

Organized by the Office of the President in partnership with the Eritrean community, the conference seeks to build on the successes of its inaugural edition. Themed “Unity Through Diversity,” the event reflects Uganda’s inclusive approach to welcoming diverse communities and encouraging investment.

Key Leaders to Attend the Conference

The event will host high-ranking officials, including Prime Minister Rt. Hon. Robinah Nabbanja and H.E. Mohammed Sulieman Ahmed, the Eritrean Ambassador to Uganda. Ambassador Abbey Walusimbi, Senior Presidential Advisor on Diaspora Affairs, emphasized the significance of the conference during a preparatory meeting with Eritrean entrepreneurs.

Walusimbi stated, “This platform highlights the business achievements of the Eritrean community and strengthens their ties with Uganda. It also reaffirms President Museveni’s Pan-African vision, which celebrates unity among Africans.”

Eritrean Contributions to Uganda’s Economy

The Eritrean community has significantly impacted Uganda, contributing over $3 billion in investments across various industries. With a population exceeding 240,000 in Uganda, 25% of whom are business entrepreneurs, Eritrean nationals have become integral to the country’s economic growth.

“Eritrean entrepreneurs have displayed exceptional business acumen, and their investments are a testament to Uganda’s investor-friendly policies,” Walusimbi added. This community’s contributions highlight the positive outcomes of cultural integration and economic collaboration.

Beles Bubu Family Fusion Festival: A Celebration of Culture and Unity

In tandem with the conference, the Beles Bubu Family Fusion Festival will serve as a cultural showcase. Spearheaded by Kisanet Tedros, CEO of Beles Bubu, this festival aims to unite families, empower women, and celebrate African heritage.

“This festival will tell inspiring stories of women entrepreneurs from eight African nations, illustrating how women uplift society,” Kisanet shared. The event will include panel discussions, cultural dances, storytelling, diverse cuisines, and interactive activities for children.

Kisanet expressed gratitude to Uganda for its open-door policy and peaceful environment. “Uganda has become our second home. I appreciate President Museveni’s support in creating a space where Eritrean families and businesses can thrive,” she said.

Bridging Communities Through Investment and Dialogue

Eritrean investor Kidane Ghebrehawariat Habteselassie underscored the importance of the conference in fostering better communication between Eritrean nationals and the Ugandan government. “This event bridges the gap between policymakers and the Eritrean community, encouraging collaboration that benefits both sides,” he explained.

Habteselassie also highlighted the broader benefits of Eritrean investments, including increased tourism and foreign direct remittances, which strengthen Uganda’s economy.

L-R: Business owner, Kidane Ghebrehawariat Habteselassie, Kisanet Tedros, CEO and Founder Beles Bubu, Ambassador Abbey Walusimbi, and General Manager Palace Play Park, Sandeep Bugatha. Photo by SPA Media Unit.
L-R: Business owner, Kidane Ghebrehawariat Habteselassie, Kisanet Tedros, CEO and Founder Beles Bubu, Ambassador Abbey Walusimbi, and General Manager Palace Play Park, Sandeep Bugatha. Photo by SPA Media Unit.

A Perfect Venue for Unity and Celebration

Palace Play Park, the event venue, is ready to accommodate this dual-purpose gathering. Its General Manager, Sandeep Bugatha, expressed enthusiasm about hosting such a prestigious event.

“This is a great opportunity for both the Eritrean community and the public. We’re thrilled to provide a platform for meaningful discussions and cultural celebrations,” Bugatha said. He invited all stakeholders, potential investors, and families to participate in this historic event.

Conference Highlights

The 2024 conference is expected to attract over 300 influential Eritrean investors, government representatives, and community members. It will serve as a platform for sharing ideas, celebrating cultural diversity, and strengthening Uganda-Eritrea relations.

Through panel discussions, cultural showcases, and networking opportunities, the event will celebrate Eritrean contributions to Uganda while encouraging further investment and integration.

Unity Through Diversity: A Path Forward

The 2nd Eritrean Diaspora Investment Conference and Festival represents more than just an economic event; it is a testament to the strength of unity, diversity, and collaboration. As Uganda continues to embrace Eritrean nationals as partners in development, this event will undoubtedly deepen bonds and pave the way for a prosperous future.

By celebrating shared values and cultural heritage, this conference embodies the spirit of Pan-Africanism—bringing people together to build a brighter tomorrow.


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