UBA’s $6bn partnership with AfCFTA to boost trade across Africa

According to the bank, it is important for Africa to be deliberate about the economic liberation drive of the continent.

UBA’s Deputy Managing Director, Muyiwa Akinyemi, said this during the Africa Day celebration at the ongoing 37th Lagos International Trade Fair, which was held at the Tafawa Balewa Square. UBA is the headline sponsor of the Trade fair.

Akinyemi explained that the bank’s dedication to SME’s and trade advancement across Africa is what informed its recent agreement with the Africa Continental Free Trade Area (AfCFTA) Secretariat, to provide financing for up to US$6bn over the next three years to eligible businesses across the continent.