• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

At Cameroon Meeting, Elumelu Seeks Strategic Partnership To Boost African Economy

by BUKOLA ARO-LAMBO
4 months ago
in Business
Chairman of UBA Group, Tony Elumelu

Chairman of UBA Group, Tony Elumelu

Share on WhatsAppShare on FacebookShare on XTelegram

The chairman, United Bank for Africa (UBA) Plc, and Heirs Holdings Group Tony Elumelu, has emphasised the need for a strategic and collaborative approach to drive sustainable economic growth across the African continent.

Advertisement

According to him, to see the kind of growth needed in Cameroon specifically and in Africa generally, governments, private sector leaders, and development partners need to unite in order to unlock the continent’s vast economic potential.

Speaking to a combined audience of policymakers, business executives, and investors who gathered at the inaugural edition of the Cameroon Economic Meeting in Yaoundé, Elumelu, who presented the keynote remarks, highlighted the critical role of entrepreneurship, infrastructure development, and financial inclusion in fostering economic transformation.

Elumelu, invited by the country’s president, Paul Biya emphasised the importance of intra-African trade and investment, just as he urged stakeholders to adopt policies that create an enabling environment for businesses to thrive.

“For Africa to succeed, for Cameroon to succeed, governments and businesses need to unite and invest for the long term, not just the short term. We must all be strategic and purposeful. For me, I have always been passionate about helping African youths to succeed and I believe that leaders who have got to the top should help create a ladder so that the young ones can also succeed and in turn impact the continent,” Elumelu said.

RELATED

Federal Gov’t, IFAD Train 600 Farmers In Budgeting, Farming Techniques In Benue

We’re Making Abia Farmers Globally Visible – Agric Firm

5 hours ago
Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

8 hours ago

Using the case study of Heirs Energies, which has become one of the fastest-growing indigenous integrated energy business in Africa, Elumelu emphasised how fostering collaboration between government and private sector players can unlock greater economic opportunities, He pointed out that this could be replicated in Cameroon to boost the economy.

He listed key priority areas that governments should focus on to boost the economy to include: Security and Rule of Law, Infrastructure Development, Youth Empowerment, Attracting Global Investment and Public-Private Partnerships.

In the area of Public-Private Partnerships, Elumelu noted that Governments must see the private sector as a partner, not a competitor, and create an enabling environment that fosters business growth through reforms that reduce excessive taxation and improve ease of doing business.

He added that as Africa’s Global Bank, UBA is always ready to assist governments to finance their infrastructure and energy needs which are key sectors that will boost any developing economy. He took time to reaffirm the bank’s long-standing commitment to Cameroon, where the bank has been operating since 2008 and has employed over 1,000 locals, supporting major economic projects, including the financing of the country’s landmark Olembe Stadium.

Elumelu, who chairs the largest conglomerate in Nigeria, Transnational Corporation(Transcorp) underscored the importance of execution, enterprise, and excellence in achieving sustainable economic transformation, adding that “the path to economic revival is within our reach, but it requires a collective commitment from the government, private sector, investors, and the Cameroonian people. My life story shows what can be achieved, in Africa, by Africans, for Africans. The conversations we are having today are a call to action,” he added.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Tony Elumelu
SendShareTweetShare
Previous Post

15,000 Visitors Visits MMA 2 Terminal Daily – Bi-Courtney

Next Post

Chevron Nigeria To Sustain Deepwater Oil Exploration In Nigeria

BUKOLA ARO-LAMBO

BUKOLA ARO-LAMBO

You May Like

Federal Gov’t, IFAD Train 600 Farmers In Budgeting, Farming Techniques In Benue
Agriculture

We’re Making Abia Farmers Globally Visible – Agric Firm

2025/06/29
Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture
Business

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

2025/06/29
New Afreximbank President To Restructure African Trade
Business

New Afreximbank President To Restructure African Trade

2025/06/29
Oyetola
Business

Federal Gov’t Launches Life-jacket Safety Initiative

2025/06/29
Tech Scholar To Drive Academic Vision As OAU’s New DVC
Business

Tech Scholar To Drive Academic Vision As OAU’s New DVC

2025/06/29
MONEY MARKET: Assessing Customers’ Losses To Fraudsters Through Digital Banking
Business

Cybercrime: Half Of Victims Paid Ransom In 2025

2025/06/29
Leadership Conference advertisement

LATEST

Ojude Oba: Brands, Celebs Find New Spotlight

Mádé Kuti Drops New Single ‘Wait And See’

I Haven’t Seen My Daughter In A While – Skales

What Inspired Me To Go Into Music – Only1Bennie

Kogi, Others Target $750m SABER  Fund To Promote Ease Of Doing Business 

Gov’t Sec Schl Ekori Wins Girls Engineering Competition In Cross River 

Ex-Cross River PDP Rep Aspirant Distances Self From Communal Clash

Nigeria-EU Ministerial Meeting To Focus On Security Trade& Investment

Why WAES Will Unlock West Africa’s Investment Opportunities – Tuggar

Jobs: How Jobberman, Mastercard Fostered Int’l Efforts For Nigerian PWDs

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.