Newsone Nigeria
  • Home
  • Africa
  • Newsone Nigeria Partners
  • Entertainment
  • News
  • Politics
  • World News
No Result
View All Result
  • Home
  • Africa
  • Newsone Nigeria Partners
  • Entertainment
  • News
  • Politics
  • World News
No Result
View All Result
Newsone Nigeria
No Result
View All Result






Home Brands & Marketing

UBA, USAID Sign MoU To Expand Trade, Investment In Africa

Philips Sunday by Philips Sunday
5 years ago
in Brands & Marketing
UBA, USAID Sign MoU To Expand Trade, Investment In Africa

The United Bank for Africa (UBA) has signed Memorandum of Understanding with the United States Agency for International Development (USAID) to boost African trade and investment in Africa.

Details of the agreement showed that USAID will provide technical assistance and advisory services to prospective businesses in the United States through its Trade and Investment Hubs. The agency will also connect UBA with African Diaspora business groups working across the United States.

The MoU enables UBA, the only sub-Saharan African bank licensed to operate in the United States, to expand access of its reach and extend financing to American companies in the United States looking to do business with African nations. At the centre of the partnership is the Prosper Africa initiative created to increase two-way trade and investment between the United States and African nations.

This partnership also ensures businesses are equipped with the technical and financial tools needed to enter into new trading and investment relationships in Africa and the United States.

Recognizing tremendous growth opportunities, USAID and UBA are collaborating to advance Prosper Africa’s goal of substantially increasing two-way trade between Africa and the United States. By working together, they will extend financing and technical assistance to businesses that will strengthen the American economy, grow African economies, and create jobs on both sides of the Atlantic,” a statement from the bank said.

The two institutions entered into the pact as part of the opening ceremony of the Tunisia Prosper Africa Conference, co-organised by the United States Embassy in Tunis and the American Chamber of Commerce of Tunisia. The event also facilitated the United States and African business-to-business connections and featured remarks by key representatives from the US Government and African private sector.

Facebook Comments
Previous Post

GTBank, Zenith Bank, Access Bank, First Bank, UBA Top List Of ‘Most Loved Banks’ In Nigeria

Next Post

UTME 2020: JAMB Releases Examination Time-table

Philips Sunday

Philips Sunday

Philips Sunday is a Journalist and SEO Expert with a demonstrated history of working in the media production industry. He has degrees in Mass Communication/Media Studies.Connect with him on Facebook, Instagram and LinkedIn.

Next Post
Latest JAMB News on JAMB 2025, JAMB 2025 Registration 17 January 2025

UTME 2020: JAMB Releases Examination Time-table

About Us

Newsone Nigeria (newsoneng.com) is a modern media house with a different view of news gathering and delivery. We are aware of the fake news trend in online media and have taken up the challenge to correct this ugly trend.

Relevant Pages

  • About Us
  • Advertise With Us
  • Contact Us
  • Privacy Policy

Reach Us

11 Fashe street, Olowoira, Ojodu-Berger, Lagos Nigeria.


Tel: +234 7054546495


admin@newsoneng.com

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: admin@newsoneng.com.

© NewsOne Nigeria

No Result
View All Result
  • Home
  • Africa
  • Newsone Nigeria Partners
  • Entertainment
  • News
  • Politics
  • World News

Copyright © 2025 NewsOne Nigeria