UBA Launches Whitepaper On ‘Unlocking Africa’s Potential’

The United Bank for Africa (UBA) Plc will be gathering world leaders, policymakers, and investors and other private sector players at the forthcoming 2025 United Nations General Assembly (UNGA) to unveil a ground-breaking whitepaper that presents actionable strategies for unlocking Africa’s vast economic potential.

This year’s gathering at the UNGA, which is the 80th Edition, will be held between September 15th and September 25th and as always, UBA Group has mapped out series of engaging activities to spotlight Africa’s opportunities and foster high-level dialogue with global leaders towards boosting the continent’s potential.

The whitepaper, a first-of-its-kind initiative by a leading African financial institution at UNGA, titled ‘Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth’, will highlight opportunities in trade, infrastructure, digital innovation, climate finance, and inclusive growth.

By providing a roadmap for collaboration between Africa and the global community, UBA said, it aims to position the continent not just as a beneficiary of investment, but as a critical driver of future global prosperity.

Apart from the Whitepaper launch, the group’s other activities will include the Business Council for International Understanding (BCIU) Roundtable, which will be hosted by UBA America, and the annual UBA Reception. The reception will convene world leaders, policymakers, and influential business executives involved in critical dialogues on investment and development across the continent.

UBA’s Group chairman, Tony Elumelu, while emphasising the strategic importance of these dialogues, explained that, over the past few years, UBA has become an active leader in conversations and activities that will drive tangible investments to the continent.

“These conversations fundamentally differ from previous discussions because feasible and actionable decisions will follow them.

UBA will actively work to implement these outcomes for the continent’s benefit, as committed partners in Africa’s development and sustainability,” Elumelu noted.

He said, “‘The United Nations General Assembly is the largest and most official gathering of world leaders, and we cannot let such an opportunity pass without major African players like UBA taking centre stage to bring these leaders together and showcase Africa’s potential.”

UBA’s group managing director/chief executive officer, Oliver Alawuba, remarked on the upcoming event, especially the significance of the whitepaper, emphasised the need for more private organisations and players to demonstrate their commitment to the continent’s development through concrete action and proven capabilities.