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UBA Africa CEO advocates secure funding for infrastructure

To address the critical need for infrastructure development across the continent, the Executive Director and CEO, UBA Africa, Mrs. Abiola Bawuah, has emphasized the importance…

To address the critical need for infrastructure development across the continent, the Executive Director and CEO, UBA Africa, Mrs. Abiola Bawuah, has emphasized the importance of securing funding and forging strategic partnerships.

She underscored the urgency for concerted efforts to address the continent’s infrastructure deficit.

Speaking in a panel discussion on infrastructure development in Africa, during the launch of the 2025 Africa Prosperity Dialogue, Bawuah highlighted the presence of regional, commercial, and development banks in Africa which, according to her, could offer the needed support for infrastructure financing to propel the growth in Africa.

She highlighted UBA’s contribution to infrastructure development over the years in Africa, including Ghana, and expressed the bank’s willingness to partner with governments and other entities to drive Africa’s development agenda with regards to closing the infrastructure gap in Africa.

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She said, “Our quest for good infrastructure like roads, railways, telecoms, etc. must be paid for, and therefore we must demonstrate the ability to pay for the funding,” while citing UBA’s financing of a $300 million road project in southern Africa, which is sustained through tolling mechanisms.

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