Africa’s Global Bank, United Bank for Africa (UBA) Plc, is about to strengthen its position in shaping the continent’s {financial} ecosystem with the launch of its landmark whitepaper.
The whitepaper, titled “Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth,” will likely be unveiled on the sidelines of the World Bank-International Monetary Fund (IMF) Annual Meetings in October 2025 in Washington, D.C., putting Africa’s {economic} agenda on the coronary heart of worldwide {financial} discussions.
The doc presents a complete and actionable framework for unlocking Africa’s huge {economic} potential, offering evaluation of essential progress pillars together with commerce facilitation, infrastructure growth, digital innovation, local weather finance, and inclusive progress, whereas showcasing methods for leveraging home capital alongside strategic international partnerships to entry the continent’s $3.4 trillion single market potential beneath the African Continental Free Trade Area (AfCFTA).
UBA’s Group Chairman, Tony Elumelu, who emphasised the strategic significance of this whitepaper, defined that over the previous few years, the {bank} has turn out to be an lively chief in conversations and actions that drive tangible investments to the continent.
“UBA is shifting Africa’s development agenda from talk to action. With this whitepaper, we are championing initiatives that convert strategic dialogue into bankable projects and direct investments. Our commitment to execute these plans for the benefit of the continent and its people cannot be overemphasised,” Elumelu stated. “We are committed partners in Africa’s development and sustainability and will continue to provide the capital, the platform, and the network needed to transform Africa’s vast potential into economic growth.”
UBA’s Group Managing Director and Chief Executive Officer, Oliver Alawuba, remarked on the white paper’s significance, highlighting the pressing want for personal sector management.
“This whitepaper is a call to action and a statement of our capability,” Alawuba stated. “It underlines our unique position in facilitating the partnerships and capital flows required to finance Africa’s future, providing the blueprint for action. The document delivers critical insights at a defining moment for Africa’s financial infrastructure.”
United Bank for Africa is likely one of the largest employers within the {financial} sector on the African continent, with greater than 25,000 staff group-wide and serving over 45 million clients globally. Operating in twenty African nations and the United Kingdom, the United States of America, France, and the United Arab Emirates, UBA supplies retail, industrial, and institutional banking companies, main {financial} inclusion and implementing cutting-edge expertise.
