Elumelu To Give Keynote, As UBA Takes Centre Stage At ECOWAS Mining Forum In Cotonou

Tony Elumelu, Group Chairman, of the United Bank for Africa Plc, will give the keynote address at the opening ceremony of this all-important 4th edition of the ECOWAS Mining and Petroleum Forum (ECOMOF 2024) scheduled for the Palais des Congrès in Cotonou, Benin from February 22 to February 24, 2024.

The regional event which is expected to host a large gathering of key players and stakeholders in the mining and petroleum sectors of the Economic Community of West African States (ECOWAS) has UBA Plc as official sponsor.

A statement by UBA Plc explained that its choice as preferred partner is apt, being the financial institution of choice with presence in 20 African countries, besides its active involvement in major continental development projects.

This, it said, is apart from underlining the bank’s commitment to the growth of the mining and petroleum industry in the sub-region, and indeed, Africa’s economic development.

Elumelu, who doubles as Chairman of Transcorp Group, with extensive interests in energy and power, will speak on the theme: “Geo-extractive Resources and Technologies: what pooling strategies for Value Creation in West Africa”

His speech, the statement said, is expected to highlight UBA’s increasing effort to support and develop the African continent through strategic investments in the key sectors of mining and petroleum.

Under the esteemed leadership of the President of the Republic of Benin, President Patrice Talon, and his Nigerian counterpart, Bola Tinubu, who is the current President of ECOWAS, UBA Group, the statement continued, will at the forum attempt to restate its commitment towards supporting economic and social development across the continent.

The focus of ECOMOF 2024, it said, underscores the significance of transforming the mining and oil sectors into economic pillars by formulating attractive policies for investors, essential for the sectors’ substantial contribution to the Gross Domestic Products (GDP) of ECOWAS member states.

The Transnational Corporation Group (Transcorp Plc) – a diversified conglomerate with strategic investments in various sectors, including power and energy – will also actively participate in the forum.

Key officials from UBA Group and Transcorp Plc, including the Chief Executive Officer UBA Africa, Abiola Bawuah; UBA’s Group Head, Corporate and Energy Bank, Ebele Ogbue, and President/ Chief Executive Officer, Transcorp Group, Owen Omogiafo will actively involved in discussions and panels on the sidelines of the event.

Anticipated to attract over 2,000 participants from diverse sectors, including representatives from mining and oil industries, government officials, international and national investors, industry experts, ECOWAS delegates, and international organizations, ECOMOF 2024 promises to be a significant platform for collaborative dialogue and partnership building.