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  • UBA, African Guarantee Fund, Create Synergy to Support SMEs Across Africa; 

    • UBA to Finance Women-Led SMEs, Green Finance with $100m
    • AGF Provides Portfolio Guarantee of $50m, technical Support

     

    Lagos, Nigeria; 11 March, 2024; The African Guarantee Fund (AGF) and United Bank for Africa (UBA) on Monday signed a partnership that ensures that UBA provides $100 million in new loans to Small and Medium Enterprises (SME) and business owners across the 20 African countries where the bank has presence in Africa.

 

  • UBA Kenya appoints Ms. Mary Mulili as its new MD/CEO

31th January 2023, Nairobi, Kenya – UBA Kenya proudly announces the appointment of Ms. Mary Mulili as its new MD/CEO, effective 19 January, 2024, subject to regulatory approval. The appointment of Ms. Mulili marks a milestone for UBA Kenya, marking 15 years of business operations in the Kenyan financial landscape. 

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UBA Kenya Bank Limited Pioneers Braille Account Opening Form to Enhance Financial Inclusion in Kenya

Nairobi, 11th October 2023 – United Bank for Africa (UBA), has launched the UBA Braille Account Opening Form, a first of its kind initiative in Kenya, designed specifically to cater to the financial needs of the visually impaired. This marks a significant leap toward enhancing inclusivity and accessibility of banking services for persons with visual impairment. 

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

26th June 2023, Nairobi, Kenya– Africa’s Global Bank, United Bank for Africa (UBA) Plc, signed an agreement with the Africa Continental Free Trade Area (AfCFTA) Secretariat to provide financing for up to US$6.0bn over the next 3 years to eligible SME across Africa.

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UBA Kenya to fund over 200 SME’s with Seed Capital through the Tony Elumelu Foundation (TEF).

09th March 2022, Nairobi, Kenya– UBA Kenya Bank through the Tony Elumelu Foundation (TEF) Entrepreneurship Program has over the last seven years contributed to the growth of Kenyan SME sector by providing seed capital to local Entrepreneurs to support their business aspirations. 

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UK Government Partners with UBA Foundation, Other Global Businesses in £20m Drive to Support Girl-Education in Developing Countries 

09th March 2022– As part of activities to mark this year’s edition of the International Women’s Day (IWD), the United Kingdom Prime Minister, Boris Johnson has launched a new global partnership with UBA Foundation and 10 other organisations, to improve girls’ access to education and employment in developing countries.  

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UBA Kenya participates in a syndicated loan facility of up to USD 125m in support of agriculture.

15 July 2019: United Bank for Africa (UBA) Kenya has, together with a syndication of local, regional, and global banks, joined a Financing Agreement of up to USD 125 Million with Export Trading Group (ETG). ETG is an African Conglomerate having an integrated agricultural supply chain with business interests in 40 countries across the globe.

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United Bank for Africa, Kenya reports a notable 185% growth in profit after tax for the full year ending December 31 2018

29 March 2019: United Bank for Africa, Kenya has today announced its results for the period ending December 31, 2018 registering a185% growth in Profit After Tax, overcoming a challenging macroeconomicand business environment.

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E-Commerce expected to create local and international opportunities for Kenyan SMEs

21 March 2019: Kenyan SME must embrace e-commerce as a strategy to grow their business, increase capacity and eventually attract long term financing.

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