BY MUSA IDRIS UMAR, OCTOBER 15, 2025 | 07:13 PM
United Bank for Africa, UBA, is preparing to reinforce its role in shaping Africa’s financial ecosystem with the launch of a landmark whitepaper.
The whitepaper, titled ‘Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth,’ will be unveiled during the World Bank–International Monetary Fund Annual Meetings in October 2025 in Washington, D.C., placing Africa’s economic agenda at the center of global financial discussions.
The document outlines a framework for unlocking Africa’s economic potential through trade facilitation, infrastructure development, digital innovation, climate finance, and inclusive growth.
It also highlights strategies for mobilizing domestic capital and building global partnerships to access the continent’s $3.4 trillion single market under the African Continental Free Trade Area, AfCFTA.
Tony Elumelu, group chairman of UBA, said the whitepaper underscores the bank’s active role in driving real investments across Africa.
‘UBA is shifting Africa’s development agenda from talk to action,’ Elumelu said. ‘With this whitepaper, we are championing initiatives that convert dialogue into bankable projects and direct investments. Our commitment to the continent’s growth cannot be overemphasized.’
Oliver Alawuba, group managing director and chief executive officer of UBA, described the whitepaper as a call to action and a statement of capability.
‘It highlights our position in facilitating the partnerships and capital flows needed to finance Africa’s future,’ Alawuba said. ‘The document delivers insights at a defining moment for Africa’s financial infrastructure.’
United Bank for Africa employs over 25,000 people and serves more than 45 million customers across twenty African countries, the United Kingdom, the United States, France, and the United Arab Emirates.
The bank offers retail, commercial, and institutional banking services, driving financial inclusion and technology innovation across its markets.
Conflict Reporting is dangerous and risky. Our reporters constantly face life-threatening challenges, sometimes surviving ambushes, kidnap attempts and attacks by the whiskers as they travel and go into communities to get authentic and firsthand information. But we dare it every day, nonetheless, in order to keep you informed of the true situation of the victims, the trends in the conflicts and ultimately help in peace building processes. But these come at huge cost to us. We are therefore appealing to you to help our cause by donating to us through any of the following means. You can also donate working tools, which are even more primary to our work. We thank you sincerely as you help our cause.
Alternatively, you can also email us on
info@yen.ng or message us
via +234 803 931 7767
