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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Funding»UBA announces a donation of N5billion (U$14 million) To COVID-19 Relief Support Across Africa
    Tony Elumelu United Bank for Africa

    UBA announces a donation of N5billion (U$14 million) To COVID-19 Relief Support Across Africa

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    By Staff Writer on March 26, 2020 Funding, News

    United Bank for Africa (UBA) has announced a donation of N5billion (U$14 million) to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. The donation was done through the bank’s foundation, UBA Foundation

    The donation will provide significant and much needed support to Nigeria and 19 other African countries, 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.

    Related Story: Jack Ma Foundation and Alibaba Foundation donate medial supplies to all 54 African countries

    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 pandemic 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’.

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