UBA Showcase Africa’s Opportunities on Global Stage
Group Managing Director and Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has called for greater focus on turning Africa’s vast opportunities into investable projects. He also
Oliver Alawuba, Group Managing Director and Chief Executive Officer of United Bank for Africa (UBA) Plc, has urged a greater focus on converting Africa's abundant opportunities into viable projects. At the Forward Africa Leaders Symposium in New York during the United Nations General Assembly (UNGA), Alawuba participated in a fireside chat titled "From Mandate to Impact."
He stressed the importance of dependable revenues, credible institutions, and accountable delivery to unlock sustainable capital for the continent. Alawuba emphasized that Africa's development ambitions must be transformed into concrete results, underscoring that projects should be economically viable and backed by institutions committed to fulfilling their promises.
Drawing on UBA's experience across the continent, Alawuba highlighted the bank's role in linking African businesses with capital, expertise, and financial infrastructure. He provided the example of a US$6.56 million telecommunications modernization project in Chad, where UBA invested in a project that commenced in 2021 and concluded in 2025, with the loan being fully repaid.
Alawuba believes that a clearly outlined development need can progress from financing to completion and repayment when the necessary structure and accountability are established.
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