UBA Strengthens Pan-African and Global Presence with Strategic Market Expansion
Lagos, Nigeria United Bank for Africa (UBA) Plc has reaffirmed its commitment to strengthening its footprint across Africa and globally, following its recent Half Year Business Review held at the Group’s global headquarters in Lagos. Led by Group Managing Director/CEO, Oliver Alawuba, the meeting brought together senior executives from UBA’s operations across 24 countries, marking a pivotal moment in the bank’s growth journey.
The review highlighted UBA’s strategic focus on expanding into high-potential African markets while deepening its services in its current 20 African countries. With over 51.7% of Group revenues now coming from non-Nigerian operations, UBA continues to solidify its position as one of Africa’s most diversified and resilient financial services institutions.
“Our vision is clear to build a truly global financial institution rooted in Africa but serving clients across continents,” said Alawuba. “Our strategic expansion allows us to unlock new opportunities, support intra-African trade, and deliver world-class banking experiences wherever our customers do business.”
Since entering Ghana in 2004, UBA has rapidly extended its presence into 18 additional African markets, becoming a key player in connecting African economies to global financial ecosystems. This pan-African journey underscores the Group’s long-term commitment to innovation, inclusivity, and continental integration.
In addition to its African expansion, UBA is also scaling its global operations. The bank currently operates in the United Kingdom, United States, France, and the United Arab Emirates. It is also upgrading its license in France to boost its capacity to support cross-border trade, investment flows, and the African diaspora, complementing its over 40-year presence in New York. In January, the Group announced plans to establish operations in Saudi Arabia, furthering its international reach.
Alawuba emphasized UBA’s confidence in the African economy and the Group’s mission to offer world-class banking solutions tailored to the continent’s evolving needs. “These strategic moves send a clear message: UBA is not only Africa’s global bank, but also a forward-looking institution that is shaping the future of banking on the continent and beyond,” he said.
