The United Bank for Africa (UBA) Plc says it will showcase Africa’s economic opportunities at the 80th United Nations General Assembly (UNGA).
The event is scheduled to be held between September 15 and 25.
As part of its engagements, the bank said it will unveil a whitepaper titled ‘Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth,’ at the ongoing UNGA in New York.
According to UBA, the document, being the first of its kind by an African financial institution at the UNGA, will outline strategies for unlocking the continent’s potential in trade, infrastructure, digital innovation, climate finance, and inclusive growth.
The lender added that the initiative seeks to position Africa not just as a destination for investment but as a driver of global prosperity.
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Other activities lined up include the Business Council for International Understanding (BCIU) roundtable to be hosted by UBA America, as well as the bank’s annual UNGA reception, which will bring together world leaders, policymakers, and business executives for dialogue on investment and development.
Tony Elumelu, UBA’s group chairman, said the conversations at UNGA would 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 said.
“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 showcase Africa’s potential.”
Oliver Alawuba, group managing director (GMD) and chief executive officer (CEO) of UBA, said the whitepaper underscores the need for the private sector to demonstrate commitment to Africa’s development through “concrete action and proven capabilities”.
