UBA Paint Abuja Red As It Prepares To Host Entrepreneurial Fair

By Stephen Ubanna

 The much talked about  United Bank For African, UBA, world class entrepreneural fair tagged  the UBA market place  fair, scheduled to Abuja, the Federal Capital Territory, FCT, will kick start on  July 26 and 27, 2019.  

As a prelude for the take off of the event ,regarded as  the biggest gathering of  Entrepreneurs, the African Continent, the Bank and  officials  of  Tony Elumelu Foundation, TEF, had set up the organising Committee  saddled with the responsibility of preparing the programme and making all the necessary arrangement    for the  entrepreneurial fair tagged   the UBA Market place in Abuja.

the Committee which include Dupe Olusola, Head , Marketing and  Ramon Nasir Olarewaju, the Bank General Manager, External Relation, were said  to have moved into action.  When it was confirmed that Hilton Hotel, had been secured for  programme, the  Committee did not hesitate in preparing  the programme and reaching out  to the dignitaries had been selected  to participate in the all important African entrepreneurs event . At the last count, the Bank and TEF, had estimated  to host  over 20,000 visitors ,100 Small and Medium  Scale Enterprises, SME, including leading  private and public sector players  cross the Continent during the two days events. The conviction that the turnout of visitors and participant would be that much was based on enquiries on the Bank and TEF website  about the fair by participants across the Continent  who were asking for reservation of space  to showcase their products at the fair and win new Customers.

The rush  for the UBA market place fair may have been informed because  of by the initial Statement  by the Bank that three P African Presidents: Paul Kagame, Rwanda, Mackay Sall, Senegal  and Felix Tshikedi, regarded as progressives   in political circles in Africa would be at the fair. The entrepreneurs , financial analysts believe , may want to use the opportunity provided by UBA and TEF, to  interact with the African leaders and how they can be encouraged to invest in their respective countries.

Many of the African entrepreneurs , according to sources, have been looking for opportunity to expand their business to these countries   but no luck. it was not surprising  that when UBA and TEF, created the opportunity  for them in Abuja, Nigeria, they did not hesitate in grabbing it to have a one -on- interactions with the African Progressive Presidents.

Kennedy Uzoka: UBA, Group MD.

There are indications that the Bank and TEF, market place fair, will host  ”businesses owners in various  industries including  food and beverages, fashion, beauty, home /interior and gadgets. Moreso,  business, the Bank and the Foundation,,   will host  business owners who  will have their ”businesses  transformed  and the dreams of  their business come to fruition”.

The second day of the event, according to the programme, appear to be business centered, as about 120 SMEs , across the Continent , have been confirmed  would display their products on their stand at the hotel fair ground.

The event, according to a member of the Organising  would not only concentrate on display of products  on stands alone for visistors to feed thir eyes and negotiate business deals but  will offer plenary sessions and discussions  on the SMEs, sectors and the relevance of financing.  Going by the programme prepare for the two day event, the plenary sessions will highlight  entertainment from the music industries. This is in addition  to fashion show with the designs of the leading  African labels,  which  business  analysts,  believe would be   a big  cultural and revenue  generation source for the Continent.

The African entrepreneurs would have opportunity of networking  and get solutions to some of the challenges  faced in running their businesses  during the master -class sessions. The good news  was that beneficiaries  of the Tony Elumelu Foundation  will presented a platform   at the fair  to pitch  their business with a ”grand prize of a grant”  which was said to have been made  possible by UBA.

Kennedy Uzoka, the Bank Group Managing Director,  who has been at the forefront  of entrepreneurship development across the Continent ,  by undertaking  may projects  aimed at  contributing  to Africa’s economic growth and integration,  was said to have made  the provision of the business platform possible.

An elated Uzoka said , ”  the birth  of the UBA  marketplace  and the entrepreneurial  fair   was a testament  to the Bank’s Commitment to African SMEs.  According to him the fair  major objective  is to ”touch  base with small business owners  while positively  influencing the lives  of the entreneurs doing  in its countries  of operations and beyond”.

The UBA  Group, Managing Director, who could not hide his feelings said the major reason why the Bank has involved itself over the years with the marketplace event  of this magnitude   was basically to ”encourage  entrepreneurship  and the youths”.

The Bank may have made all the necessary arrangements for participants to feel at home as the Bank’s RedTV, GOT the Contract to light up the redzone  at the  market place  with entertainment featuring  Africa’s star boy Wiz kid DJ Cuppy and several others.


1.UBA Headquarters

2.Kennedy Uzoka: UBA, Group MD.    

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