UBA Commits $1 Billion To Ebola Fight

Tony Elumelu Official Picture 2The United Bank for Africa (UBA) has donated $1million, to assist the fight against Ebola.

The disease is currently present in three West African countries where UBA does business  Sierra Leone, Liberia and Guinea.

Board Chairman, Tony O. Elumelu, who announced this in a statement issued by the bank in Accra yesterday, said the gift would be distributed through the UBA Foundation, UBA’s corporate social responsibility arm, and shared equally among the three affected West African countries.

The remaining $100,000, he said, would be contributed to the African Union Support Mission to the Ebola Outbreak in West Africa (ASEOWA) initiated by the African Union Chair, Nkosazana Dlamini Zuma.

“Africa is our home and our destiny — and Africans need to place themselves at the forefront of the campaign to overcome this tragedy.  This donation is an affirmation of our unshakeable commitment to the continent — and a message that Africa can triumph over this terrible affliction,” he said.

“I would also take this opportunity to commend our courageous UBA Africa staff in Guinea, Liberia and Sierra Leone who have kept every branch and ATM open throughout this testing time. They have demonstrated our corporate value of resilience, and commitment that the business and progress of Africa must and should go on” said Mr. Elumelu.

He said “Our money will be directed immediately to strengthening capacity in the fight against the further spread of the disease,” adding, “Our hope is that this donation will act as a catalyst for other African corporates to play their part.”

In August, The Tony Elumelu Foundation donated $600,000 to the same cause, making unrestricted grants to the Ebola response institutions designated by the Presidents of Nigeria, Sierra Leone, Guinea and Liberia.

Acknowledging the donation by the Tony Elumelu Foundation, Liberian President Ellen Johnson-Sirleaf said, “While we have mobilised our national resources as best as we can, they are still inadequate to respond to an epidemic of this scale; we appreciate friends of Liberia, like you, who have come to our assistance in our national moment of need.”

This important precedent of  African-funded support comes as West African, and global development leaders have recently appealed for an increased effort to contain the epidemic.

The United Nations estimates that at least 5,000 international medical, training and support personnel are needed in the three countries over the coming months.

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