Africa’s Global Bank, United Bank for Africa (UBA) Plc, yesterday began a series of high-level engagements at the 80th United Nations General Assembly (UNGA) in New York.
The gathering, which runs from September 15 to 25, brings together world leaders, policymakers, investors, and private sector players.
UBA opened its program with the launch of a groundbreaking whitepaper outlining actionable strategies for unlocking Africa’s vast economic potential, reinforcing the bank’s mission to drive sustainable growth across the continent.
The whitepaper, the first of its kind by a leading African financial institution at UNGA, is titled Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth.
It highlights opportunities in trade, infrastructure, digital innovation, climate finance, and inclusive growth.
By offering a roadmap for collaboration between Africa and the global community, UBA seeks to position the continent not just as a recipient of investment, but as a key driver of future global prosperity.
In addition to the whitepaper launch, UBA’s program includes the Business Council for International Understanding (BCIU) Roundtable hosted by UBA America, as well as the annual UBA Reception.
The reception is expected to convene world leaders, policymakers, and top business executives for critical dialogues on investment and development across Africa.
UBA understands importance of engagements, says Elumelu
UBA’s Group Chairman, Tony Elumelu, underscored the importance of these engagements, noting that UBA has become an active leader in attracting tangible investments to the continent.
“These conversations are fundamentally different from previous discussions because they will be followed by feasible and actionable decisions,” Elumelu said.
“UBA will actively work to implement these outcomes for the benefit of the continent, as committed partners in Africa’s development and sustainability,” he added.
“The United Nations General Assembly is the largest and most official gathering of world leaders, and we cannot let such an opportunity pass without major African players like UBA taking center stage to bring these leaders together and showcase Africa’s potential,” he stated.
UBA’s Group Managing Director and Chief Executive Officer, Oliver Alawuba, highlighted the whitepaper’s significance and called on more private organizations to demonstrate their commitment to Africa’s development through concrete action and proven capability.
United Bank for Africa is one of the largest employers in the financial sector in Africa, with 25,000 employees and more than 45 million customers worldwide.
Operating in twenty African countries, as well as the United Kingdom, the United States, France, and the United Arab Emirates, UBA provides retail, commercial, and institutional banking services while driving financial inclusion and advancing technology.
