UBA to empower SMEs on benefits of e-commerce hosts business series

In line with its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSMEs) on the continent, Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to organise yet another edition of its UBA Business Series.

The UBA Business Series is a regular seminar/workshop organised by the bank as one of its capacity-building initiatives, where leading business leaders and professionals share well-researched insights on relevant topics and best practices for running successful businesses, especially in the face of difficult business challenges.

Through this business series, UBA has consistently supported businesses with essential tips to re-examine their models and strategies as well as ensure they stay afloat and remain thriving.

This edition, will look at the topic ‘E-commerce: The effects of online retail and is specifically targeted at Young Entrepreneurs, Key distributors and SMEs. It will be held on Thursday, 7th December 2023, from 12 p.m. at the Tony Elumelu Amphitheatre, UBA House, Marina, Lagos, whilst online participants can also access the session on Zoom via https://youtube.com/live/vvZeQY5DCBE?feature=share

Founder/CEO RenDoll Fashion Brand; Nnamdi Ekeh – CEO Konga;  Media Personality & Entrepreneur, Kaylah Oniwo and Founder Money Africa, Tosin Olaseinde will be on ground to give helpful tips on wealth management in today’s economy to business leaders. They will also provide guides on the best ways to take businesses to the next level amid a challenging economic terrain.

UBA’s Head, SME Banking, Babatunde Ajayi, who spoke ahead of the workshop, explained that the vast knowledge and experience of the panellists, will in no small measure help business owners with invaluable business tips that will help take boost businesses of entrepreneurs  and most importantly guide them in navigating the harsh economic terrain while ensure business growth in the process. 

“At UBA We are passionate about the growth and success of small businesses because their contribution helps in catalysing economic advancement of any nation  that is why at UBA, we constantly look for ways of ensuring that these business owners and operators are well-equipped to grow their businesses successfully, which is why we picked this particular topic as we believe it is one area that businesses need to valuable information and experience that can take them to the next level effortlessly,” he said. 

Recently, UBA announced an initiative aimed at providing robust and comprehensive financing solutions to support and boost the activities of SMEs across the African continent, where SMEs will have the opportunity to access financing in the key sectors of Agro-processing, Pharmaceuticals, Automotive, and Transport and Logistics. 

The financing initiative is powered by UBA’s recent partnership with the African Continental Free Trade Area (AfCFTA) secretariat to provide financing for up to $6 billion over the next three years to eligible SMEs across Africa, an agreement which was signed on the sidelines of the 30th Afreximbank Annual Meeting (AAM) which was held in Accra, Ghana earlier in the year.  

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