United Capital Plc, Societe Generale, Orange, Others Support African SMEs with €77m

United Capital Plc, a leading African investment banking group, has partnered with global financial and corporate institutions to set up a Franco-African Investment Fund (FFA), with investible funds of 77 million euro. The aim of the fund is to accelerate the growth of innovative and entrepreneurial African and French small and medium scale enterprises (SMEs) […]

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UBA Sends Strong Delegation To World Economic Forum In Davos

The United Bank for Africa (UBA) will be strongly represented at the annual meeting of the World Economic Forum (WEF), which begins in Davos, Switzerland today. UBA CEO Kennedy Uzoka leads a senior executive team, at one of the most important events on the global economic calendar. The UBA delegation will interact with global business and political leaders during the event. The delegation will also include Group Head of Correspondent Banking Sola Yomi-Ajayi and […]

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Tony Elumelu Foundation Announces 3rd Round of TEF Entrepreneurship Programme, See Application Details

On January 1, 2017, The Tony Elumelu Foundation (TEF) will begin accepting applications for the third round of the TEF Entrepreneurship Programme. The Programme is the Foundation’s 10-year, US$100 million commitment to training, mentoring and funding 10,000 African entrepreneurs. The application portal will be open until midnight (WAT), March 1, 2017. Entrepreneurs must complete the online application and selection is on a rolling basis, so early […]

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Nigeria, Morocco sign gas pipeline, 20 other agreements

The Federal Republic of Nigeria and the Kingdom of Morocco have signed twenty-one bilateral agreements during the three-day official visit of the Moroccan King Mohammed VI to Nigeria.The agreements included, the Memorandum of Understanding Relating to Potential Collaboration Between Heirs Holdings and Banque Centrale Populaire and Memorandum of Understanding between United Bank for Africa Plc […]

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AfDB and United Bank for Africa Plc sign $150 million Line of Credit

The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a US$ 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. “The Fund will support development of productive sectors of the economy; particularly the power sector, Infrastructure, Women owned enterprises […]

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TEF Entrepreneurship Forum: “We give to empower and break the cycle of dependency, Entrepreneurship is the only path to independence and sustainability” – Elumelu

…President Koroma of Sierra Leone, President Obasanjo of Nigeria, Governor Ikpeazu, Minister Lai Mohammed, Mrs Folorunsho Alakija, Join 1,000 African Entrepreneurs At 2016 Tony Elumelu Foundation Entrepreneurship Forum. …Foundation Announces Partnerships with African Development Bank, ECOWAS, Coca-Cola, Nigerian Ministry of Information. At the largest annual gathering of African entrepreneurs, held in Lagos, Nigeria, the Tony Elumelu Foundation (TEF) hosted almost 1,000 women and men from 54 African countries, for the 2nd TEF Entrepreneurship Forum. […]

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