UBA Reiterates Commitment to Connecting Africa’s Small Business

Nume Ekeghe

In a renewed commitment to foster growth and improved Africapitalism in the continent, United Bank for Africa (UBA) has reiterated its committment to continuously support Africa’s business hubs across the continent.

This is as the bank extols the Lagos State Chamber of Commerce and Industry (LCCI) for its visionary leadership in consistently hosting the trade fair as well as creating a veritable platform for businesses in Nigeria and Africa to thrive and prosper.

Speaking recently at the UBA day at the 37thedition of the Lagos International Trade Fair, with the theme, “Connecting Businesses, Creating Value,” the Group Head, Retail, Products and Sales, UBA, Prince Charles Ayewoh, affirmed the bank’s continuous support to the fair and businesses.

He said: “In our desire to encourage enterprises and entrepreneurship, we must not lose sight of the need to carry every single stakeholder along in our noble objective to effectively lift businesses in Africa to unprecedented heights. We are committed to help ìn connecring African business hubs.

“As a bank, UBA is playing very strongly in SMEs and MSMEs because at grassroots level you have to stimulate businesses and encourage little cottage industries; so is not wonder we have to partner with LCCI. We make loan availabke to them at affordable rates because access to adequate capital is an important condition for promoting entrepreneurship, enterprise formation, sustained economic growth, job creation and productive investment.”

He added that with UBA’s extensive spread across Africa and other major economies of the world, the bank is always on the lookout for partnership opportunities that would benefit the business environment and the economies where they operate.