U.B.A.F. Silver Sponsor of the African Refiners Association – ARA

U.B.A.F., represented by the Energy & Commodities Department, participated in the ARA Week conference held in South Africa - Cape Town from 12 to 16 March 2018. More than 60 sponsors attended this event among which trading companies, petroleum equipment companies and only 5 banks (ING, SG, Natixis, NedBank and U.B.A.F.).

About ARA
It was created in 2006 to represent the African downstream oil stakeholders.

ARA members bring together various companies that deal with the refining and distribution of petroleum products in Africa (from Egypt to South Africa).

To achieve this, ARA cooperates with governments, regulatory bodies and the relevant downstream industry groups. It recommends the implementation - step by step - of stronger regulations aiming at improving air quality and creating a positive external impact for African States.

During the  2018 Conference called "Moving Forwards…"  the main following topics have been addressed:

- Africa's future facing the sharp increase in population and energy needs

- Improvement of fuel quality and cost of changes

- Focus on refining in Africa

- Environmental issues.

U.B.A.F and ARA
U.B.A.F. has chosen to sponsor ARA for a better understanding of the African issues, particularly in terms of energy needs, but also to develop relationships with new traders.

Indeed, in the coming years given the growth of the population (which should double by 2050) the demand for petroleum products will increase in Africa, thus encouraging traders to be more committted on this continent and to seek more complex financing transactions.

The conference largely met our expectations and allowed us to meet new prospects (specialized trading companies in Africa) and to introduce our institution to African downstream players (notably the Nigerian National Petroleum Corporation, Nigeria being the largest producer of crude oil on this continent).

While few banks were present, U.B.A.F. has proved it is a key player in the field of trade finance.

U.B.A.F. S.A. is a French registered bank established in 1970. Its shareholders originate from 19 Arab countries along with Crédit Agricole Corporate & Investment Bank.

With its international network in Asia, in the Arab world and in Europe, U.B.A.F. has become a key player in the area of Trade Finance with Arab countries.

U.B.A.F. is able to meet with the needs of both importers and exporters and to secure the flows of payments and goods from industrial or trade commodity companies.

Access map filets Contacts filets Recruiting filets Legal information filets Site map   Version Française