The Lion King | 33
News Round Up
UBA Burkina partners
Semafo Mining
GMD/CEO Calls for African Private
Sector Development Focus at
World Bank Annual Meetings
U
BA Burkina and Semafo Mining, Mana,
Burkina Faso have entered into an
agreement for UBA to deploy the first
ever ATM on the mining site to enable Semafo
employees receive their monthly salary
advance on UBA Africard. The partnership
also makes UBA Burkina the official bank of the
mining company.
The signing ceremony was witnessed by the
Minister of Territory Administration in Burkina
Faso, Mr. Abel Coulibaly.
Speaking at the event, Chairman of Semafo,
Mr. Elie Ouédraogo said that UBA Burkina’s
excellent track record informed the decision
to choose the bank above the 12 other banks
that bid to deploy the ATM on the mining site.
MD/CEO, UBA Burkina, Alphonse Kadjo who led
the UBA team to the signing of the partnership
agreement, assured that UBA Burkina had
the capacity to meet the expectations of the
company and its employees.
M
r. Phillips Oduoza, UBA’s Group Managing Director /CEO,
was among a group of panelists at the recent annual World
Bank/IMF Meetings in Washington DC, USA, calling for
African business leaders to press for a private sector development
focus with the World Bank at the Africa Investor Summit.
The Africa investor Summit comprised a number of CEO-led panels
that showcased high-growth opportunity sectors and investment
projects.
Panel members discussed a number of concrete private sector
proposals focused on increasing intra-African investment, mobilizing
domestic sovereign and pension fund capital, infrastructure
investment and innovative instruments to engage early stage
investment capital for project development teams working in Africa.
Participants also acknowledged the development role being
played by UBA in Africa and commended the bank’s innovative
products that have been developed to facilitate intra-Africa trade.
L-R: Alphonse Kadjo, MD/CEO, UBA Burkina and Elie Ouedraogo,
Chairman of Semafo Mining at the agreement signing ceremony
UBA is Africa’s
Most Admired
Bank Brand
U
BA is the most admired
bank brand in Africa,
emerging as the first
brand in the banking sector in
a list of top 100 most admired
brands in the continent.
UBA’s emergence is based on
a survey conducted by TNS,
an internationally respected
consumer knowledge and
Information Company and
published by the African
Business Magazine in its
November 2013 edition.
The ranking and survey report
which was part of the cover
story titled ‘Africa’s Best
Brands’, UBA ranked 24th on
the list of the top 100 most
admired brands in Africa. UBA
was the only banking brand in
the top 25.
The survey by TNS was carried
out among consumers 18
years or older in Botswana,
Democratic Republic of
Congo (DRC), Ghana, Nigeria,
South Africa, Tanzania,
Uganda and Zambia.
L-R: Makhtar Diop, Vice President for Africa Region, World Bank; Uche
Orji, CEO, Nigeria Sovereign Investment Authority; Phillips Oduoza,
MD/CEO, UBA Plc and Tas Anvaripour, Chief of Division, AfDB
