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UBA Partners AfCFTA, Invests $6bn to finance Small and Medium-scale Enterprises in Africa.

June 30, 2023. Azonuchechi chukwu. Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday, signed an agreement with the Africa Continental Free Trade Area (AfCFTA) Secretariat to invest $6billion as funding for African Small and Medium Enterprises within the next three years. A breakdown of the $6bn investment shows that a total of |
United Arab Emirates United States Burkina Faso Sierra Leone United Bank United Kingdom

Notes from Kigali: five ways Africa can build a stronger fintech ecosystem

The first ever Inclusive Fintech Forum took place from 20-22 June 2023 in Kigali, Rwanda. Overall, the event showcased the innovation and enthusiasm around solutions that solve problems for people and willingness of participants, which spanned heads of state, regulators, startups, and international bodies, to create an inclusive fintech ecosystem.
Jeff Bezos Tidjane Thiam Inclusive Fintech Forum Rwanda Finance Rwanda Finance Limited Chair Tidjane Thiam Pan African Payment

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UBA Partners AfCFTA to invest US$6bn into SMEs in Africa

Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday, signed an agreement with the Africa Continental Free Trade Area (AfCFTA) Secretariat to invest $6billion as funding for African Small and Medium Enterprises within the next three years.   A breakdown of the $6bn investment shows that a total of…
Sierra Leone United States United Arab Emirates Burkina Faso United Kingdom United Bank

UBA, PAPSS partner to enhance cross-border payments across Africa

United Bank for Africa (UBA) Plc, a leading financial institution in Africa, and the Pan African Payment and Settlement System (PAPSS) are pleased to announce the signing of a Memorandum of Understanding (MoU) aimed at enhancing the settlement of cross-border transactions throughout Africa. This pivotal collaboration was formalized at the…
United Kingdom United Bank United Arab Emirates Greater Accra Sierra Leone United States

Ecobank Group In Partnership to Enhance Cross-Border Payment Across Africa

Ecobank Group, the leading pan-African banking Group, and The Pan African Payment and Settlement System (PAPSS) have signed a Memorandum of Understanding (MoU) to facilitate settlement of cross-border transactions of the Group, including the transactions of all their subsidiaries, through PAPSS.
Greater Accra Republic Of Ghana Jeremy Awori He Nana Akufo Benedict Oramah Bank Settlement Model

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