BusinessFeaturedHighlight

Tony Elumelu: “I was excited to witness AFCON final hosted at UBA-financed world-class Olembe Stadium, Yaoundé, Cameroon  

655

 

 

The United Bank for Africa (UBA), a Nigerian pan-African financial services group, financed the world-class Olembe Stadium, Yaoundé, Cameroon which hosted the AFCON final, the Group Chairman of the bank, Mr Tony O. Elumelu, has disclosed.

 

Elumelu, who was in Yaounde for the continental soccer festival, said he was proud to be at the stadium to witness the AFCON final.

 

“UBA Group has been a long-term partner, investing in infrastructure and the growth of small businesses in Cameroon. In fact, UBA was the financier of the stadium in which the AFCON final was held.

 

“It was a proud moment for me, witnessing history made in that same stadium!’’ Persecondnews quotes Elumelu as saying.

 

 

Olembe stadium

 

On the purpose of his visit to the country, the UBA chair said:“My visit was timely for two main reasons – To join our brothers and sisters in Cameroon to witness the AFCON finals hosted in the world-class Olembe stadium, Yaoundé, and to explore further investment opportunities in Cameroon. 

 

“My meeting with the Presidency, later during my trip, was largely to discuss ways to catalyze the growth of small business entrepreneurs.

 

“Through the Tony Elumelu Foundation we have empowered almost 700 young, energetic, and brilliant Cameroonians, each with $5000 non-refundable seed capital, training, and mentorship. With collaboration with the government, we can scale this impact across Cameroon and empower much more.  

 

Read Also: Elumelu at Jamaica capital markets annual conference, calls for African entrepreneurs- Caribbean collaboration

 

“I also got the opportunity to catch up with our board and management at UBA Cameroon and applaud the amazing work they are doing under their capable leadership.’’ 

 

WhiIe commending President Paul Biya, CAF President Patrice Motsepe, and the good people of Cameroon for a successful AFCON outing, Elumelu, who is the founder of the Tony Elumelu Foundation, said:“ They did an amazing job hosting a world-class AFCON finale, helping to further project Africa in a positive light to the world.

 

“The ceremony showed that Africans can transform the African story to one of excellence, enterprise, and execution – 3 values that make up our Heirs Group DNA.

 

“Again, congratulations to Senegal, the champions of AFCON 2021. You did Africa proud. Congrats to Egypt on your silver award and for putting up a good match.  

 

“Finally, thank you, Secretary-General of Cameroon, Ferdinand Ngoh Ngoh, for the warm reception I received at the Presidency. And to the good people of Cameroon, I say, Merci Beaucoup!’’

 

UBA Plc has subsidiaries in 20 African countries and offices in London, Paris, and New York. It is listed as a commercial bank by the Central Bank of Nigeria. The shares of stock of the group are listed on the Nigerian Stock Exchange.

 

 

Leave a comment

Related Articles

Breaking: Supreme Court Nullifies National Lottery Act

The Supreme Court on Friday nullified the National Lottery Act 2005 enacted...

NNPC Ltd. hosts NSC boss, pledges support for revitalization of Nigerian football

In a significant move to boost Nigerian football, the Nigerian National Petroleum...

Nigerian youths essential to repositioning Africa, says VP Shettima

Vice President Kashim Shettima has reaffirmed the federal government’s commitment to youth...

Just in: Simon Ekpa ‘ll be extradited to Nigeria to face charges – Defence Headquarters

The Nigerian Defence Headquarters, Abuja, has announced plans to extradite Simon Ekpa,...

NPA’s CEO Dantsoho Makes History as First Nigerian Chairman of PMAWCA

In a groundbreaking achievement, Dr. Abubakar Dantsoho, Managing Director of the Nigerian...

Save for rainy day, Federal Accountant General urges state govts, emphasizes transparency, accountability

In a bid to ensure financial stability during adverse situations and economic...

Sacked UNIZIK VC Odoh to Tinubu: You can’t fire me through press release

Sacked Vice-Chancellor of Nnamdi Azikiwe University (UNIZIK), in Awka, Anambra State, Prof....

UBA to empower MSME’s with wealth management strategies at its ‘Built to Last’ series

As part of its commitment to deepen the growth and sustainability of...

Olopade assumes office as NSC DG, promises new lease of life for Nigerian sports

Bukola Olopade had assumed office as the Director General of the resuscitated...

Amid High Inflation Rate, IMF Pledges Support for Nigeria’s Economic Reforms

International Monetary Fund (IMF) President Kristalina Georgieva and her team met with...

Nigeria’s Super Falcons Ajibade, Nnadozie, Nominated for 2024 CAF Women’s Player of the Year

The Confederation of African Football (CAF) has announced the nominees for the...

Just in: FG announces reshuffle of governing councils at FUOYE, Kogi varsity

The Federal Government has made changes to the governing councils of Federal...

Exclusive: Eguavoen Opens Up on Declining NFF Contract Extension, Reveals Reasons

Super Eagles Coach, Austin Eguavoen, has revealed why he declined the Nigeria...

Boost for Nigeria’s Oil Production As NNPC’s Utapate Crude Grade Hits Global Oil Market

In a major boost for Nigeria’s crude oil production, revenue generation, and...

Just in: FG sacks varsity Pro-Chancellor for misconduct

The Minister of Education, Dr. Tunji Alausa, has announced the removal of...

Just in: INEC presents Certificates of Return to Ondo Gov. Aiyedatiwa, deputy

The Independent National Electoral Commission (INEC) has presented Certificates of Return to...

Breaking: Senate sacks Danladi Umar, Code of Conduct Tribunal chairman  

Following proven allegations of gross misconduct and unacceptable behaviour, the Senate on...

Just in: South Africa takes over G20 Presidency from Brazil, first African nation to lead the bloc

South Africa has taken over the presidency of the G20 from Brazil,...

Tinubu submits 3 INEC REC, federal commissioner-nominees for Senate’s approval

President Bola Tinubu has sent the name of Ondo Resident Electoral Commissioner,...