Chic African Culture Blog

Did you know?

1. No African country names begin with the letters F, H, I, J, O, P, Q, V, W, X, or Y.

2. Africa is surrounded by water but by definition Africa is not an island because Africa is a continent.

3. African tech startups raise billions of dollars annually, seven African start-ups were included in the World Economic Forum 2021 cohort of 100 Technology Pioneers: 54gene, mPharma, Cambridge Industries, FlexFinTx, Kuda, Moringa School and Sokowatch.

United Bank for Africa is one of Africa's largest banks

United Bank for Africa is one of Africa's largest banks With a 67-year history, United Bank for Africa, UBA, is one of the most recognized banking brands to originate from Sub-Sahara Africa.

United Bank for Africa is one of Africa's largest banking and financial services

United Bank for Africa is one of Africa's largest banks

The Five Biggest Banks in Africa

Standard Bank Group

Absa Group

First Rand Bank

Nedbank

Qatar National Bank



The Five Biggest Banks in Nigeria, which is Africa’s largest economy

Standard Bank Group

Absa Group

United Bank for Africa

Qatar National Bank

Zenith Bank


United Bank for Africa is Africa's up-and-coming global banking giant.



United Bank for Africa, UBA, has more than 67 years of providing uninterrupted banking operations dating back to 1948 when the British and French Bank Limited (BFB) commenced business in Nigeria. 

Following Nigeria’s independence from Britain, UBA was incorporated on February 23, 1961, to take over the business of BFB.

United Bank for Africa eventually listed its shares on the Nigerian Stock Exchange (NSE), in 1970 and became the first Nigerian bank to subsequently undertake an Initial Public Offering. An initial public offering (IPO) is the first time that the stock of a private company is offered to the public. 

United Bank for Africa offers credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, and asset management.
UBA became the first sub-Saharan bank to take its banking business to North America when it opened its New York Office in 1984 to offer banking services to Africans in Diaspora. 

Today’s UBA emerged from the merger of then dynamic and fast-growing Standard Trust Bank, incorporated in 1990 and UBA, one of the biggest and oldest banks in Nigeria.

Tony Onyemaechi Elumelu is the Chairman of the United Bank for Africa. Under the Board of Directors, UBA was the first and only Nigerian Bank to obtain a banking license in the Cayman Islands. 

United Bank for Africa

In Nigeria, Africa’s biggest economy, the United Bank for Africa is the third-largest bank in Nigeria. Standard Bank is the largest African banking group by assets and investments, and the Absa Group is second. United Bank for Africa is one of Africa's largest banks located in 20 African countries as well as the US, London, and Paris.

Benin

Burkina Faso

Cameroon

Chad

Cote D'Ivoire

Gabon

Ghana

Guinea

Kenya

Liberia

London

Mali

Mozambique

Nigeria

Republic of the Congo Brazzaville

Senegal

Sierra Leone

Tanzania

The Democratic Republic of the Congo

The United States of America, New York

Uganda

Zambia


United Bank for Africa operates in 19 African countries, as well as New York, London and Paris.


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Chic African Culture and The African Gourmet=

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Africa is surrounded by water but is not an island, here are a few African Island facts.

Madagascar is the 4th large island in the world and is located in the Indian Ocean supporting a unique biology, about 90% of its plants and animals are found nowhere else on earth.

Composed of 155 islands, Seychelles is Africa's smallest country. By far the largest island is Mahe, home to about 90% of the population and the site of its capital city of Victoria.

Cabo Verde has a strategic location 310 miles or 500 km from the west coast of Africa near major north-south sea routes; important communications station; important sea and air refueling site.

Africa is surrounded by water but by definition Africa is not an island because Africa is a continent. Continents can not be considered islands because of their size and also by historic definition since many people who study geography define islands and continents as two different things.

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Chic African Culture and The African Gourmet are dedicated to discovering, collecting and sharing African history and heritage celebrating 14 years of service in 2021. Share and support in the pride of being part of an important cultural and educational resource.



Being African in America I have grown up learning about different ethnic cultures. My father and mother are historians of African culture and history and their influence expanded my activities to several best-selling cookbooks, magazine columns, self-branded products, and a popular African culture and food blog.

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