UBA

United Bank for Africa (UBA) Plc on Monday, June 19, signed an agreement with the Africa Continental Free Trade Area (AfCFTA) Secretariat to invest $6 billion as funding for African Small and Medium Enterprises (SMEs) within the next three years. A breakdown of the $6 billion investment shows that a total of $1.2 billion has been budgeted for the year 2023; $1.9 billion for 2024 and $2.88 billion for 2025. UBA signed the agreement with AfCFTA on the sidelines of the opening ceremony of the 30th Afreximbank Annual Meeting (AAM) which was held in Accra. By this agreement, UBA to boost…