UBA announces US$14m COVID-19 relief support for Africa
United Bank for Africa Plc (UBA) on Thursday announced US$14 million through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic.
The donation will provide significant and the much-needed support to Nigeria and 19 other African countries including Ghana, by supplying relief materials, critical care facilities, and financial support to governments.
The UBA support programme will be allocated as follows:
§ N1 billion (USD2.8 million) to Lagos State Government in Nigeria
§ N500 million (USD1.4 million) to Nigeria’s Federal Capital Territory, Abuja
§ N1 billion (USD2.8 million) to the remaining 35 states in Nigeria
§ N1.5 billion (USD4.2 million) to UBA’s presence countries in Africa
§ N1 billion (USD2.8 million) for Medical Centres with equipment and supplies
§ Free Telemedicine call centre facility
The pan-African bank will fund a medical centre immediately in Lagos, Nigeria, with beds for isolation and ICU facilities, managed and operated in partnership with Heirs Holdings’ healthcare subsidiary, Avon Medical Hospital.
In addition, UBA is providing a free telemedicine platform, that is physician-led, to provide direct access to medical advice to citizens, in compliance with social distancing requirements.
UBA Group Chairman Tony O. Elumelu, stated: “This is a time when we must all play our part. This global epidemic must bring citizens, governments and business leaders together – and quickly. As we see a rapidly increasing number of cases of the coronavirus in Nigeria and Africa, the private sector has to work hand in hand with various Governments, in stemming the spread of the global pandemic.
“We commend the efforts of governments and we are keen to partner and contribute our resources to the collective effort, that will ensure the response to the pandemic is swift and effective”.
Operating in 20 African countries and globally in the United Kingdom, the United States and France, the United Bank for Africa has a strong record of supporting its communities, through challenging times.
Source: classfmonline.com
Trending Business
Labadi Beach Hotel secures injunction in land dispute with Polo beach Club
01:31NDC gov’t will act swiftly to cater for first quarter expenditure after January 7 – Ato Forson to Ghanaians
21:05You’ll have stable power supply this Christmas – ECG assures Volta, Oti residents
12:43Present 2025 mini-budget or risk a jail term - Ato Forson to Finance Minister
16:46Asian African Consortium now African Agribusiness Consortium
18:12NPA promotes LPG usage in Western Region
13:02UNDP calls for increased focus on non-life insurance in Ghana
09:12Sugarcane farmers urge revival of Komenda Sugar Factory
03:19DVLA announces pre-registration for 2025 vehicle licensing
03:05JJOJ Estates unveils ultra-modern guest house in Dedeiman
11:19