Africa’s Global Bank, United Bank for Africa (UBA) Plc, will unveil its groundbreaking Whitepaper on Africa’s financial infrastructure during the World Bank–IMF Annual Meetings in Washington, D.C., this October.
The document, titled “Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth,” outlines a bold framework for unlocking the continent’s vast economic potential. It offers actionable insights across trade facilitation, infrastructure, digital innovation, climate finance, and inclusive growth.
Whitepaper Outlines Strategy for Africa’s $3.4 Trillion Market
According to the report, UBA’s Whitepaper highlights strategies to mobilise domestic capital and form global partnerships, leveraging the African Continental Free Trade Area (AfCFTA) to unlock Africa’s $3.4 trillion single market potential.
Group Chairman Tony Elumelu said the initiative demonstrates UBA’s determination to transform Africa’s development agenda from rhetoric into tangible results.
“UBA is shifting Africa’s development agenda from talk to action,” Elumelu stated. “With this whitepaper, we are converting strategic dialogue into bankable projects and direct investments. Our commitment to drive execution for the benefit of the continent and its people cannot be overemphasised.”
He added that the bank’s mission goes beyond financial intermediation, as it provides the capital, platform, and networks necessary to turn Africa’s opportunities into measurable economic outcomes.
UBA’s Group Managing Director and Chief Executive Officer, Oliver Alawuba, said the Whitepaper is both a call to action and a statement of capability.
“This whitepaper demonstrates UBA’s unique position in facilitating partnerships and capital flows essential to finance Africa’s future,” Alawuba said. “It provides a blueprint for action, delivering critical insights at a defining moment for Africa’s financial infrastructure.”
He explained that sustainable growth on the continent requires bold private sector leadership, and UBA is prepared to take the lead in mobilising investments for long-term prosperity.
Through its presence in 20 African countries and international offices in the United Kingdom, United States, France, and the United Arab Emirates, UBA serves over 45 million customers.
The bank’s operations span retail, commercial, and institutional banking, underpinned by cutting-edge technology and strong corporate governance.
As one of the largest employers in Africa’s financial services industry, with over 25,000 employees, UBA continues to set standards in financial inclusion, innovation, and capacity development across the continent.
The launch of UBA’s Whitepaper underscores its strategic intent to strengthen Africa’s financial architecture.
The publication is expected to serve as a catalyst for policy formulation, public-private collaboration, and investment mobilisation that will define the continent’s economic trajectory over the next decade.
With this move, UBA reinforces its reputation as a trusted financial leader and a champion of Africa’s sustainable transformation.
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