United Bank for Africa (UBA) Plc has won the African Investor (Ai) Social Infrastructure Deal of the Year award. The award was announced at the Ai CEO Infrastructure and Sovereign Investment Summit in Cape Town, South Africa.
Now in their 8th year, the Ai Infrastructure Investment Awards formally recognises achievements across the main infrastructure sectors in Africa, and reward the institutions and personalities driving transactions and improving the continent’s infrastructure investment climate.
UBA was given the award for its significant investment in social infrastructure across the continent in building the economic capacity of the communities in which it does its business. Commenting on the awards, Phillips Oduoza, Group Managing Director/CEO, said it is a reflection of the bank’s commitment to supporting the growth of critical sectors of the African economy with its financial expertise and strong balance sheet.
“Infrastructural development is important in driving and sustaining Africa’s growth momentum. Over the years, we have built the expertise to package and support the right infrastructure deals that deliver value to the majority of Africans and support economic growth. We are happy that this award recognizes the significant efforts we have made in this direction”
Also commenting on the Awards, Hubert Danso, Ai’s Chief Executive Officer and Vice Chairman said, “Showcasing Africa’s infrastructure investment success stories is critical to creating references and increasing the required finance and institutional infrastructure investment to develop and implement the continent’s unparalleled infrastructure investment opportunities.
Africa investor is therefore delighted to host these unique awards and congratulates the winners and all those that entered and participated in these important Ai Awards.”