UBA supports the growth of African businesses


UBA Deputy Managing Director Oliver Alawuba said the bank is committed to supporting businesses across the African continent.

He spoke in Lagos at the fourth edition of his annual UBA Africa Conversations event held to celebrate this year’s Africa Day in commemoration of African unity.

Alawuba said: “It is from Africa that UBA Africa was created. UBA has invested so much in Africa. We are present in 20 African countries and four countries outside Africa. Our goal has always been to drive investment in Africa, through conversations like this. »

The bank said the UBA Africa Conversations were created in May 2019 as a flagship initiative in a series of Africa Day celebrations.

The Conversations provides a platform for African and global audiences to connect with global thought leaders in the private and public sectors, on their journey to Africa, with the aim of changing the narrative about Africa from sorry to successful.

This year’s conversation was themed “The importance of reflecting our African culture in global success stories” and highlighted the huge shift in Africa’s cultural influence – from Afrobeat to African films; Major African fashion brands and African authors; entertainment and culture.

Legendary African musician and songwriter, Youssou Ndour delivered the keynote address for the event and spoke about the need for collaboration to boost the fortunes of the continent.

He added that UBA’s foray as an African bank in the United States of America was proof of this.

Former Lagos State Tourism Commissioner Steve Ayorinde, who also sat on the panel, said the liberalization of media and digital content is helping to improve the African narrative.

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