UCAMWAL Empowers Investors With New Mutual Fund Options In Francophone West Africa

A subsidiary of United Capital, United Capital Asset Management West Africa Limited (UCAMWAL), has launched two new CFA franc-denominated mutual funds designed to empower investors in Francophone West Africa.

This milestone marks a significant step in the Group’s strategic pan-African expansion and signals a kick start of the operations of the newly launched subsidiary.

The funds will be available for intending customers across the eight member countries: Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo within the WAEMU Region.

The UCAMWAL Bond Fund is a low-risk, open-ended fund that focuses on fixed income and money market instruments, making it ideal for steady capital preservation and long-term wealth building. This fund is particularly suited for conservative investors who prioritise capital preservation while seeking steady, consistent returns.

Also, the UCAMWAL Diversified Fund provides investors with a balanced risk approach through strategic allocation across multiple asset classes by investing across fixed income assets, money market instruments, and equities. It is targeted at investors seeking a balance of capital appreciation and income diversification over the long term.

Speaking, the group chief executive officer, United Capital Plc,  Peter Ashade, said, “this product launch signals the kick-off of the expansion of our pan-African footprint, starting with the WAEMU region.

As a group, our mission is to shape a more financially inclusive and economically resilient Africa, for Africa by Africans.

“We are here to make a difference, and we are bringing our proven investment expertise into this market, to support cross-border investment, and support Africa-driven prosperity.”

He said that, “this is the beginning of a legacy, for wealth creation, financial empowerment, and a new chapter in Africa’s story of innovation, and enduring success.”

The director, Africa Operations at United Capital, Ejikeme Okoli, stated that, “our expansion into WAEMU is about more than presence, it is about impact. We are building a truly Pan-African financial institution that partners with local economies to unlock long-term prosperity. Our strategy is not exploitative but collaborative and will harness local insights to create shared value.

“We aim to deliver tailored financial solutions, manage risk effectively, and drive inclusive growth across the region.”

The managing director of UCAMWAL, Labas Bamba, said, “today marks a pivotal step in our mission to reshape asset and wealth management in Francophone West Africa. These funds are tailored to meet the distinct needs of our investors, blending global standards with local market insight.

“We recognise that every investor’s journey is unique, which is why our solutions are built to support diverse goals across different life and business stages.”