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UBA Commits $150m to Kenya's Infrastructure Development Program

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UBA Commits $150m to Kenya's Infrastructure Development Program

United Bank for Africa (UBA) Plc has committed $150 million to Kenya's Roads Levy Securitisation Program, demonstrating its support for infrastructure development and inclusive growth in Africa. The pledge was announced during a working visit to Kenya by UBA's Group Managing Executive Officer, Oliver Alawuba, where discussions focused on enhancing road infrastructure and empowering small and medium enterprises (SMEs) to drive economic transformation.

The investment aims to unlock Kenya's potential by financing critical infrastructure projects and supporting SMEs to create job opportunities. UBA's strategic partnership with Kenya aligns with its mission to provide sustainable solutions, facilitate trade, and foster economic growth across the continent.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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