UBA commits to Kenya’s economic growth, infrastructure devt

By : Guardian Nigeria

Date: 15 September 2025 4:00am WAT

Presidential Advisor, Mohammed Hassan (left); Managing Director/CEO, UBA Kenya, Mary Mulilu; Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba; President of Kenya, William Ruto; Group Executive Director/CEO, UBA Africa, Sola Yomi-Ajayi; Executive Director, UBA Kenya, Joseph Adedotun and Kenya’s Cabinet Secretary for Roads and Transport, Davis Chirchir, during the official visit of UBA Executive to the President and the announcement of UBA’s pledged of USD 150 million to the Government of Kenya’s Roads Levy Securitization Program, an initiative spearheaded by the Kenya Roads Board in Nairobi, Kenya at the weekend.

The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc, Oliver Alawuba, last week, led a high-powered delegation on a working visit to the Kenyan President and other top government functionaries in the country, reaffirming the Bank’s commitment to accelerating investment and supporting inclusive growth in the country.

The Kenyan President, William Ruto, who received Alawuba and his team to the State House Nairobi, commended the bank for its support to the country over the years.

Discussions were also held on how UBA will continue to partner with the country to support the advancement of infrastructure development, finance small and medium-sized enterprises (SMEs), and contribute to its long-term economic transformation agenda.

“Kenya holds a strategic place in Africa’s growth story, and UBA is committed to being a long-term partner in unlocking the immense potential here,” Alawuba said. “From financing critical infrastructure to empowering SMEs that drive job creation, our mission is to deliver sustainable solutions that connect markets, foster trade, and improve lives.”

Together with the UBA delegation, which included the Executive Director/CEO, Sola Yomi-Ajayi, UBA Africa, and Managing Director/CEO of UBA Kenya, Mary Mulilu, Alawuba also held other high-level discussions with other key leaders in government and the financial sector in the country.

He met with the Governor of the Central Bank of Kenya, Dr Kamau Thugge, where discussions centered on strengthening financial sector resilience, enhancing cross-border trade through payments innovation, and reinforcing UBA’s strong capital position in Kenya.