MONROVIA, LIBERIA-President Joseph Boakai has re-echoed the need for African institutions and businesses to invest more meaningfully in the continent’s growth and advancement.

President Boakai believes doing so will protect Africa’s vast natural resources for the benefit of its people.

The President made the call on Tuesday, 19, 2026, in Monrovia, when he received the Group’s Managing Director and Chief Executive Officer of the United Bank for Africa (UBA), Oliver Alawuba.

The Liberian Leader, during the meeting, emphasized that it is time that Africans take full responsibility for managing and developing Africa from its own natural resources.

He further encouraged the UBA officials to expand the contributions of the bank beyond just banking and marketing, and begin investing in education, community relations, and supporting youth empowerment initiatives.

At the same time, the Liberian Chief Executive re-committed the government’s dedication to improving the country’s infrastructure and enhancing the living conditions of all citizens.

Meanwhile, UBA Group Managing Director and Chief Executive Officer, Oliver Alawuba, commended the government for creating an enabling environment for banking and corporate institutions to thrive.

Alawuba pledged the Bank’s commitment to supporting corporate social responsibility initiatives by assisting SMEs, especially women-led initiatives, towards economic growth and development.

He also disclosed the ongoing expansion of the Bank’s operations to boost financial inclusion and encourage broader participation in the country’s economic activities.

At the close of the meeting, President Boakai and the UBA officials expressed interest in strengthening collaboration that aims to advance Liberia’s economic transformation, promote private sector growth, and create greater opportunities for citizens.