Close Menu
  • Home
  • Celebrity Gossip
  • Entertainment News
  • Featured
  • Photo News
  • Advertise with Us
  • About Us
  • Privacy Policy
Facebook X (Twitter) Instagram YouTube WhatsApp
Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
BigEye.UG
Subscribe
  • HOME
  • CELEBRITY GOSSIP
  • ENTERTAINMENT
  • PHOTO NEWS
  • VIDEO NEWS
  • MONEY
    • Money
    • Features
BigEye.UG
Home»News»USAID AND THE UNITED BANK FOR AFRICA SIGN MEMORANDUM OF UNDERSTANDING TO ADVANCE THE TWO-WAY TRADE AND INVESTMENT GOALS OF PROSPER AFRICA  
News

USAID AND THE UNITED BANK FOR AFRICA SIGN MEMORANDUM OF UNDERSTANDING TO ADVANCE THE TWO-WAY TRADE AND INVESTMENT GOALS OF PROSPER AFRICA  

Stuart G-KhastBy Stuart G-KhastFebruary 7, 2020
Share
Facebook Twitter Telegram WhatsApp

By Reporter

U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa.  This partnership ensures businesses are equipped with the technical and financial tools they need to enter into new trading and investment relationships in Africa and the United States.  

 USAID will provide technical assistance and advisory services to prospective businesses through its Trade and Investment Hubs, and will connect UBA with African Diaspora business groups working across the United States.  The MOU enables UBA, the only sub-Saharan African bank licensed to operate in the United States, to expand access its reach and extend financing to American companies in the United States looking to do business with African nations.

 Recognizing tremendous growth opportunities, USAID and UBA are collaborating to advance Prosper Africa’s goal of substantially increasing two-way trade between Africa and the United States. By working together, they will extend financing and technical assistance to businesses that will strengthen the American economy, grow African economies, and create jobs on both sides of the Atlantic.

 The two institutions entered into this agreement as part of the opening ceremony of the Tunisia Prosper Africa Conference, co-organized by the U.S. Embassy in Tunis and the American Chamber of Commerce of Tunisia. The event facilitated U.S. and African business-to-business connections and featured remarks by key representatives from the U.S. Government and the U.S. and African private sector.

Related

uba Uganda usaid
Share. Facebook Twitter WhatsApp Email
Previous ArticleMTN Uganda Refurbishes and Hands over Maternity Ward at Mpugwe Health Center III
Next Article Frank Gashumba Forgets to Wish Sheila Happy Birthday

Related Articles

Vumbula Uganda Festival toasts to Uganda’s freedom and cultural pride

Raila Odinga, Kenya’s Longtime Opposition Leader, Dies at 80

Corporate Run 2025 brings together Ugandans in effort to improve Maternal Health

Kenya Secures Rights to Host First-Ever African Grammy Awards with $3.9 Million Investment

Top 5 Trending Ugandan Songs This Week

Opinion: Why we should bank on a Greener Future with Green Finance Solutions 

Latest News

The Singleton’s Chef’s Table Celebrates Uganda in Style

October 20, 2025

Tanqueray launches Showtime Daytime Series

October 20, 2025

Azawi announces official release date for her highly anticipated project 

October 20, 2025

Spice Diana Dismisses Claims That Her Boda Boda Attack Was a Stunt

October 20, 2025

Jenva Set to Shake the Airwaves with His New Hit “No Way”

October 20, 2025
Follow Us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • TikTok
  • WhatsApp
BigEye.UG
Facebook X (Twitter) Instagram YouTube WhatsApp TikTok
  • Sitemap
  • Privacy Policy
  • Contact Us
© 2025 BigEye.UG | All Rights Reserved

Type above and press Enter to search. Press Esc to cancel.