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Economy

Burkina Faso Bets on Solar to Power Its Energy Independence

Once heavily reliant on electricity imports, Burkina Faso is now embracing solar energy as a strategic pillar of its development. By harnessing the sun, the country aims to reduce its...
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UBA Group Chairman Tony Elumelu Champions Private Sector-Led Development at 2025 African Caucus in Central African Republic

Under the distinguished patronage of His Excellency Professor Faustin-Archange Touadéra, President of the Central African Republic, Mr. Tony O. Elumelu, Group Chairman of United Bank for Africa (UBA) and Founder of...
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Turkey Deepens Its Strategic Footprint in Africa

With $10 billion in exports to Africa during the first half of 2025, Turkey is rapidly expanding its influence on the continent—leveraging trade, diplomacy, security cooperation, and cultural engagement. Since...
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Tesla Phone: Elon Musk’s Next Disruption Could Redefine the Smartphone Market

After revolutionizing the auto industry, space exploration, and energy storage, Elon Musk may now be setting his sights on a new frontier: mobile technology. While not officially confirmed, the so-called...
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Xiaomi’s Silent Empire: How a Chinese Giant Is Redefining the Future of Global Tech

In just a decade, Xiaomi has evolved from a smartphone disruptor into a global tech conglomerate. As it takes aim at the electric vehicle market, humanoid robotics, and advanced chip...
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Zambia’s $1.1 Billion Refinery in Ndola: Bold Vision Meets Economic Uncertainty

Zambia is taking a major step toward energy independence with the announcement of a new $1.1 billion oil refinery in Ndola, a city in the country’s industrial heartland. The project...
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Gold, Power, and Pressure: Barrick’s Legal Setback in Mali Signals a Deeper Shift

A Malian court has rejected an appeal by Canadian mining giant Barrick Gold to release four of its local employees detained since November 2024. The decision, delivered Tuesday by Judge...
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Africa at the Center: The Great Power Shift Reshaping the Continent

Africa is no longer just a development partner or emerging market—it has become a strategic battleground for global influence. China is moving beyond its traditional economic diplomacy to include military...
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Dr Paul K. Fokam: The Strategic Mind Shaping Africa’s Financial and Intellectual Future

Industrialist, banker, entrepreneur, researcher, and thinker—Paul Kammogne Fokam, 76, is the visionary behind Afriland First Group, a pan-African financial empire with global reach. Beyond banking, he is a firm believer...
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UBA’s LEO becomes Africa’s first chatbot to enable cross-border payments

Group Head, Retail and Digital Banking, Shamsideen Fasola that enhanced security and confidentiality and wider options for remittance products are other benefits that customers stand to gain from the service....
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UBA Announces Strategic Expansion into Key Markets Across Africa

UBA Group senior executives recently concluded the Group’s Half Year Business Review. Held at global headquarters in Lagos Nigeria, Group Managing Director/CEO, Oliver Alawuba, brought together executives responsible for UBA’s...
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Élisabeth Moreno: Turning Adversity Into Purpose

From the Cape Verdean archipelago to the heart of the French government, Élisabeth Moreno’s journey is one of resilience, ambition, and service. A self-made entrepreneur, former minister, and unwavering advocate...
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Promoting CSR – UBA Cameroon & Acha Eye Hospital Bring Clear Vision to CommunitiesFree Eye Screenings Boost Public Access to Vital Care

Since January 2025, more than 600 people have benefited from free eye consultations and screenings in three major cities in Cameroon: Yaoundé, Douala, and Bamenda. The initiative is part of...
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UBA Powers Up Youth Potential Through Fast-Track Career Program

Through its Graduate Management Accelerated Program, launched in 2023, United Bank for Africa (UBA) is helping young Africans step into the world of banking each year. The initiative aims to...
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