UBA's Oliver Alawuba Advocates for Investment in Africa

Oliver Alawuba, the group managing director and chief executive officer of United Bank for Africa (UBA) Plc, called for a greater focus on transforming Africa's opportunities into investable projects at the Forward Africa Leaders Symposium in New York, coinciding with the United Nations General Assembly sessions. He stressed that Africa's development ambitions require rigorous preparation and serious capital, with an emphasis on commercially sustainable projects supported by credible institutions.

Alawuba cited UBA's involvement in various sectors, including a US$6.56 million telecommunications modernization project in Chad, completed in 2025, and a US$45 million loan facility for road construction in Kenya. He also highlighted UBA's digital banking platform, Leo, which serves over 6 million users across 20 African countries.

Alawuba's remarks underscored the necessity for dependable revenues and accountable delivery to unlock sustainable capital for Africa's growth.