The founder of Tony Elumelu Foundation and Group chairman of Heirs Holdings, Tony Elumelu, has said banks in Africa have the financial mussle to support governments on the continent to accelrate their infrastructure development. He said banks were also ready to help provide funding at reasonable rates to help with programmes that would alleviate poverty and build the capacities of the youth to contribute their quota to economic transformation. Elumelu said this in an answer to a question from the Graphic Business during a media encounter shortly after he formally launched the United Bank for Africa (UBA), Dubai branch. The question was to ascertain whether banks on the continent such as UBA, were ready to offer more financial support to African governments to help accelerate their economic development. We at UBA are already doing that. We have financed a lot of infrastructure projects and supported youth entrepreneuship. “We are ready to do more because this is our continent and w...