The United States of America began as a land of
immigrants with people coming from all over the world: Europe, Africa, Asia…
They settled on soil that became united as one. Today, the inhabitants are all
called Americans, regardless of their original ancestry.
immigrants with people coming from all over the world: Europe, Africa, Asia…
They settled on soil that became united as one. Today, the inhabitants are all
called Americans, regardless of their original ancestry.
For us in Africa, it has been less complex. The majority of people living in Africa come
from Africa and have had their roots for many generations, in Africa. The continent of Africa is surrounded by
oceans and guarded by boundaries and barriers. We are a diverse people in
ethnicity, language, physique, cultures. We even make our Jollof rice
differently! But we are Africans and like the Americans who originated from
different ethnicities, we have common goals and struggles. Unlike the
Americans, we have restrictions and borders. We have not lived as one people.
from Africa and have had their roots for many generations, in Africa. The continent of Africa is surrounded by
oceans and guarded by boundaries and barriers. We are a diverse people in
ethnicity, language, physique, cultures. We even make our Jollof rice
differently! But we are Africans and like the Americans who originated from
different ethnicities, we have common goals and struggles. Unlike the
Americans, we have restrictions and borders. We have not lived as one people.
The African Union(AU) is the body which was set up
to ensure the unity of Africa. It emerged from the Organisation of African
Unity (OAU) which was also put in place in 1963 for the same reason. Africans didn’t think the OAU was achieving
its goals. It wasn’t protecting the people and there were still so many
barriers existing that would inhibit the growth of the continent. The idea of
the AU was pushed from Libya in the late 90s under the then head of state
Muammar al-Gadaffi. It was born in Togo at the Lome summit in 2000.
to ensure the unity of Africa. It emerged from the Organisation of African
Unity (OAU) which was also put in place in 1963 for the same reason. Africans didn’t think the OAU was achieving
its goals. It wasn’t protecting the people and there were still so many
barriers existing that would inhibit the growth of the continent. The idea of
the AU was pushed from Libya in the late 90s under the then head of state
Muammar al-Gadaffi. It was born in Togo at the Lome summit in 2000.
Its objectives: ‘to achieve greater unity and
solidarity between the African countries and Africans. To defend sovereignty,
territorial integrity and independence of its member states. To accelerate the
political and socio-economic integration of the continent’
solidarity between the African countries and Africans. To defend sovereignty,
territorial integrity and independence of its member states. To accelerate the
political and socio-economic integration of the continent’
All 54 African countries belong to the AU. But
have the objectives been met over the years? One would say there have certainly
been many successes, especially in the area of settling conflicts in troubled
areas on the continent. The AU is focused on good governance. It seeks to promote
peace and democracy and routinely deploys monitors to elections in Africa
whenever such elections occur.
have the objectives been met over the years? One would say there have certainly
been many successes, especially in the area of settling conflicts in troubled
areas on the continent. The AU is focused on good governance. It seeks to promote
peace and democracy and routinely deploys monitors to elections in Africa
whenever such elections occur.
As much as good governance is beginning to yield
results as democracy spreads across the continent and accountability is coming
into the consciousness of people; As much as Africans are more able to stand up
for who they want to govern them, there are still a lot of gaps in the area of
poverty alleviation and the economic development of African countries.
results as democracy spreads across the continent and accountability is coming
into the consciousness of people; As much as Africans are more able to stand up
for who they want to govern them, there are still a lot of gaps in the area of
poverty alleviation and the economic development of African countries.
Trade barriers still exist today preventing ease
of transactions. Infrastructural barriers exist, preventing ease of movement;
borders exist in every country, further preventing ease of movement. We are not
the European Union. Far from it. You cannot work in any country that you wish
to in Africa as an African. As a matter of fact, you have less access to many
African countries than do non-Africans with citizenship from western
countries.
of transactions. Infrastructural barriers exist, preventing ease of movement;
borders exist in every country, further preventing ease of movement. We are not
the European Union. Far from it. You cannot work in any country that you wish
to in Africa as an African. As a matter of fact, you have less access to many
African countries than do non-Africans with citizenship from western
countries.
I remember the Group Chairman of the United Bank
for Africa (UBA), Tony Elumelu at a panel session at the World Economic
Forum (WEF) in 2016, discussing what it would take to move the continent in the
direction of job creation and poverty alleviation. The proponent of
Africapitalism, this serial entrepreneur who has invested millions in the
youths on the continent in his quest to alleviate poverty, believes that we can
do so through the private sector. At the panel session, I remember Elumelu in
far away Davos, talking about the borders to trade being a major impediment to
poverty alleviation in Africa. He posited that if borders were opened up, there
would be more opportunities for the youths (who incidentally make up over 60% of
Africa’s population today) to work and to create jobs for others. Over the
years, I have heard the same narrative from Mr Elumelu.
for Africa (UBA), Tony Elumelu at a panel session at the World Economic
Forum (WEF) in 2016, discussing what it would take to move the continent in the
direction of job creation and poverty alleviation. The proponent of
Africapitalism, this serial entrepreneur who has invested millions in the
youths on the continent in his quest to alleviate poverty, believes that we can
do so through the private sector. At the panel session, I remember Elumelu in
far away Davos, talking about the borders to trade being a major impediment to
poverty alleviation in Africa. He posited that if borders were opened up, there
would be more opportunities for the youths (who incidentally make up over 60% of
Africa’s population today) to work and to create jobs for others. Over the
years, I have heard the same narrative from Mr Elumelu.
At UBA where he is chairman and where I presently
work, the strategy has been to promote trade across Africa and to develop infrastructure
that helps communities create wealth. From funding road projects in Ghana, to
financing renovations of 8 stadia in Benin and the construction of one in Cameroun;
the maintenance of gas storage plants in Burkina Faso to supplying raw
materials used to manufacturing fertilsers in Zambia; Building multi-million
dollar dormitories for students in Senegal to financing power infrastructure in
Tanzania. UBA has invested billions of
dollars in power, manufacturing, construction, agriculture, education,
telecommunications and other sectors across Africa over the years.
work, the strategy has been to promote trade across Africa and to develop infrastructure
that helps communities create wealth. From funding road projects in Ghana, to
financing renovations of 8 stadia in Benin and the construction of one in Cameroun;
the maintenance of gas storage plants in Burkina Faso to supplying raw
materials used to manufacturing fertilsers in Zambia; Building multi-million
dollar dormitories for students in Senegal to financing power infrastructure in
Tanzania. UBA has invested billions of
dollars in power, manufacturing, construction, agriculture, education,
telecommunications and other sectors across Africa over the years.
UBA isn’t called the United Bank for Africa for
nothing. The bank actually is focused on payment solutions that will ease the
way we transact business on the continent. Take for example, Connect Africa
which is a UBA product that ensures you can be from one country and have your
finances domiciled in that country, but travel to another one and are able to
transact instantly with your own cheque book and from your own account with
such ease. That is uniting Africa.
nothing. The bank actually is focused on payment solutions that will ease the
way we transact business on the continent. Take for example, Connect Africa
which is a UBA product that ensures you can be from one country and have your
finances domiciled in that country, but travel to another one and are able to
transact instantly with your own cheque book and from your own account with
such ease. That is uniting Africa.
Whilst UBA can only do so much in uniting the
continent, the AU has achieved a notable milestone in its introduction of the
African Union passport in 2016. This is a really strong and positive move on
the part of the AU. Its aims to remove barriers. It aims to unite. One Africa;
one people.
continent, the AU has achieved a notable milestone in its introduction of the
African Union passport in 2016. This is a really strong and positive move on
the part of the AU. Its aims to remove barriers. It aims to unite. One Africa;
one people.
On March 20, 2018, the Group Chairman of the
United Bank for Africa, Tony Elumelu became one of the very first people for
whom an African Union passport was issued. A truly symbolic gesture to someone
who has propagated the concept of one Africa for so long. Befitting for a man
who has devoted his time and his wealth – U$100 million of it – to working to
create jobs and alleviate poverty in Africa.
United Bank for Africa, Tony Elumelu became one of the very first people for
whom an African Union passport was issued. A truly symbolic gesture to someone
who has propagated the concept of one Africa for so long. Befitting for a man
who has devoted his time and his wealth – U$100 million of it – to working to
create jobs and alleviate poverty in Africa.
It is very encouraging news. I am personally
pleased by this great stride made by the African union in connecting and
uniting the continent. With the launch of the AU passport and the signing of
the Continental Free Trade Area agreement, the continent is on its way to
achieving 100% free movement of people and goods across borders. This will open
huge opportunities for Intra-Africa trade and employment generation for
Africa’s youths.
pleased by this great stride made by the African union in connecting and
uniting the continent. With the launch of the AU passport and the signing of
the Continental Free Trade Area agreement, the continent is on its way to
achieving 100% free movement of people and goods across borders. This will open
huge opportunities for Intra-Africa trade and employment generation for
Africa’s youths.
We at UBA congratulate our Group Chairman not
because he received his AU passport, but because it is one symbol and
appreciation of the work he does tirelessly through the private sector, to
ensure that Africa will grow out of poverty and Africans will desire to live in
and invest in Africa.
because he received his AU passport, but because it is one symbol and
appreciation of the work he does tirelessly through the private sector, to
ensure that Africa will grow out of poverty and Africans will desire to live in
and invest in Africa.
Africa is indeed on the rise and very soon, the
dividends of its diversity and richness of resources, will begin to yield
fruit.
dividends of its diversity and richness of resources, will begin to yield
fruit.
By Bola Atta





























