More than 400 business leaders, policymakers, investors, and regional integration experts have convened for the 3rd Stanbic East Africa Business Summit, a premier platform dedicated to unlocking East Africa’s economic potential through trade, investment, and cross-border collaboration.
Held over two days under the theme “Connected & Resilient: Scaling East Africa’s Regional Advantage,” the event is hosted by Stanbic Bank Uganda and the Standard Bank Group. Discussions will center on deeper regional integration, infrastructure development, financial innovation, and cross-border collaboration as catalysts for sustainable growth in one of Africa’s most dynamic regions.
The summit was officially opened this morning by Hon. Oryem Okello, Minister of State for Foreign Affairs (International Affairs). He was joined by senior leaders from both the public and private sectors, including:
- Patrick Mweheire, outgoing Regional Chief Executive for East Africa, Standard Bank Group
- Dr. Joshua Oigara, incoming Regional Chief Executive for East Africa, Standard Bank Group
- Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda
Mumba Kalifungwa underscored the region’s transformation, noting that Uganda’s evolution from a landlocked to a land-linked economy is unlocking cross-border movement of goods, services, and opportunities. “As the region integrates, Stanbic’s role is to ensure that when businesses bank with us in Uganda, they are banking across East Africa — with the support and reach to grow into new markets,” he said.
The summit features a robust agenda of panel discussions and keynote addresses addressing:
- Cross-border trade and regional supply chains
- Infrastructure development and climate resilience
- Private capital flows and finance for growth
- Leveraging East Africa’s youthful demographic dividend
Patrick Mweheire described East Africa as being on the cusp of extraordinary growth, driven by its young population, abundant natural resources, fertile land, and deeper regional integration. He cautioned that sustaining growth will require collaborative leadership, strategic investment, and bold action to tackle challenges such as youth unemployment, access to affordable credit, and climate change.
Launched in 2023, the Stanbic East Africa Business Summit has tripled in scale and influence, with prior editions in Kenya and Tanzania. This year’s gathering marks the first hosted in Uganda and coincides with a leadership transition at Standard Bank Group, as Dr. Joshua Oigara becomes the new Regional Chief Executive for East Africa.
Dr. Oigara highlighted Standard Bank’s commitment to enabling regional transformation through financing trade, fostering innovation, and supporting enterprises to scale across borders. “Through collaboration and investment, we can unlock the full potential of East Africa and drive inclusive, sustainable growth for generations to come,” he stated.
Delegates will use the summit to forge partnerships, exchange ideas, and shape a shared vision for an integrated, resilient, and prosperous East Africa. Stanbic Bank Uganda notes its affiliation with Standard Bank Group, Africa’s largest financial services organization, which commands a presence in 20 African countries and a 160-year continental legacy.
As East Africa advances its regional integration agenda, the summit aims to catalyze actionable commitments that accelerate trade, infrastructure, and financial ecosystems across the region.