United Bank for Africa (UBA) marks 75 years of growth Highlighting strategic focus on capital flows, trade and investment connectivity

n a significant milestone, the United Bank for Africa (UBA) Group celebrated its 75th anniversary, marking decades of dedicated service and growth. Notably, UBA’s extension to Uganda in 2008 marked the establishment of its first subsidiary in the East and Southern Africa Region which exemplified the bank’s commitment to growth and development. The Group Managing Director, Mr. Oliver Alawuba,& speaking& at the Global Press Conference marking the Group 75th anniversary of United Bank for Africa (UBA), underscored the bank’s strategic focus on becoming the payment bank for capital flows, trade, and investment between Africa and the global market.& What Oliver noted is exemplified by the bank’s commitment to providing $6bn in financing SMEs& as contained in an& agreement which was signed recently between UBA and The African Continental Free Trade Area (AfCFTA). & This initiative aims to bolster intra-African trade and enhance economic integration across the continent through all UBA Subsidiaries across Africa. & He further highlighted that the anniversary is more than a mere celebration, describing it as a testament to UBA’s enduring resilience, relentless innovation, and steadfast commitment to excellence over the decades. “Our journey has been defined by our ability to adapt and thrive amidst changing market...