Africa’s global bank, the United Bank for Africa’s Foundation was recognised as a leader in Corporate Social Responsibility at the 10th anniversary of the Marketing Edge brands and advertising excellence awards in Lagos.
The highly impactful initiatives of the UBA Foundation such as the annual National Essay Competition; Read Africa; Each Teach One; the Food bank, amongst others, are being cascaded across the African continent to reach more people every year.
Through its essay competition initiated more than nine years ago, hundreds of students have received grants to study at tertiary institutions in Africa and the ripple effects are being felt within their communities as more children get a chance to go to university.
Speaking on the leadership award UBA Foundation CEO, Bola Atta noted that there is a lot of work to be done to improve lives.
“We are doing this one step at a time and in different countries across the geography where the United Bank for Africa operates. It is fundamental for people and organisations to give back.
“It is also very African to nurture one’s communities and uplift others around you. So we do what we do with a lot of passion and focus on developing and nurturing’.
Emphasising one of the key initiatives of the Foundation, the National Essay Competition, Atta thanked the organisers of the Marketing Edge award for excellence for the recognition.
“It is good to know we are doing it right and to be reminded that we must do even more. One of my favourite initiatives at the Foundation is the National Essay Competition because I have seen first-hand how it changes lives.
“The award we are receiving is for all the children across Africa who are aspiring for a better life. With the start of a new academic year, the 2022 edition has commenced and we are increasing the prizes by as much as 40%.
“The first prize winner will now receive an educational grant of N5 million to study at any African university; the second and third prizes now stand at N3 million and N2.5 million respectively. This takes into consideration the rising cost of living. We want our students to study well, worry free, so that they may excel”, Atta said.
Managing Director and Publisher of Marketing Edge, John Ajayi, commended the UBA Foundation for its strong footprint across the continent.
“Through its Read Africa Initiative and the scholarship grants, the Foundation has consistently done exceptionally well to transform the lives of many on the continent of Africa. These initiatives are truly impactful”, he stated.
Ajayi further said the awards were borne out of the need to recognise outstanding Game Changers whose relentless support has helped give hope to Africa and at the same time, drive sustainable development.
“These organisations clearly understand that agility, innovation, flexibility, decisiveness and commitment needed to accelerate the pace of change Africa craves for”.
The awards nights attracted dignitaries and Business leaders, from different industries across Nigeria.
UBA Foundation embodies the UBA Group’s CSR objectives and seeks to impact positively on societies through several laudable projects and initiatives.
The Foundation, through its education pillar, has donated hundreds of thousands of books to students in Africa under the ‘Read Africa’ initiative aimed at encouraging and promoting the reading culture in African youths.”
UBA Foundation receives leadership award in corporate social responsibility