Launches Whitepaper on Unlocking Africa’s Potential
New York, USA – Ahead of the 2025 United Nations General Assembly (UNGA), Africa’s Global Bank, United Bank for Africa (UBA), is poised to make a big impression on the world stage by bringing together world leaders, policymakers, investors, and other private sector participants.
The 80th Edition of the UNGA will take place this year from September 15 to September 25. And as usual, UBA Group has planned a number of interesting events to highlight Africa’s potential and encourage high-level discussions with world leaders.
A key part of the event, will be the UBA’s unveiling of a ground-breaking whitepaper that presents actionable strategies for unlocking Africa’s vast economic potential, as part of the bank’s mission to drive sustainable growth across the continent.
The whitepaper, a first-of-its-kind initiative by a leading African financial institution at UNGA, titled “Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth”, will highlight opportunities in trade, infrastructure, digital innovation, climate finance, and inclusive growth.
UBA seeks to establish Africa as a key contributor to future global prosperity rather than only a recipient of investment by offering a framework for cooperation between the continent and the international community.
In addition to launching the Whitepaper, the business group will host the annual UBA Reception and the Business Council for International Understanding (BCIU) Roundtable, which will be sponsored by UBA America. World heads of state, legislators, and powerful business leaders will be gathered at the reception to participate in crucial discussions about investment and development throughout the continent.
UBA’s Group Chairman, Tony Elumelu, emphasized the strategic importance of these dialogues, he explained that over the past few years, UBA has become an active leader in conversations and activities that will drive tangible investments to the continent.
“These conversations are fundamentally different from previous discussions because they will be followed by feasible and actionable decisions. UBA will actively work to implement these outcomes for the benefit of the continent, as committed partners in Africa’s development and sustainability,” Elumelu noted.
He continue, “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 centre stage to bring these leaders together and showcase Africa’s potential.”
Oliver Alawuba, the Group Managing Director/Chief Executive Officer of UBA, emphasized the importance of the whitepaper and the upcoming event. He also said that more private organizations and players must show their dedication to the continent’s development by taking actionable steps and showcasing their abilities.
With 25,000 workers overall and more than 45 million clients worldwide, United Bank for Africa is one of the biggest employers in the financial industry on the African continent. UBA offers retail, commercial, and institutional banking services, promoting financial inclusion and utilizing state-of-the-art technology. It operates in 20 African nations as well as the United Kingdom, the United States of America, France, and the United Arab Emirates.
Reported by: Prince Saah
