Nedbank Group plans to acquire approximately 66% of the Kenyan NCBA Group for around 13.9 billion rand (USD 794 million), a move that will strengthen the South African bank’s presence in East Africa. The partial offer will be settled by issuing around 43.6 million new Nedbank shares and paying 23.24 billion Kenyan shillings (USD 180…...
Trending
- Ill-gotten gains: in France, the PNF calls for a trial against BNP Paribas, close associates of Omar Bongo and Antoinette Sassou Nguesso
- Senegal: the collapse of foreign direct investments in 2025 raises concerns
- Niger: General Abdourahamane Tiani, weapon in hand, history as a banner…
- Usury rate in the WAEMU: the recalibration operated by Decision No. 19/29-12-2025/CM/UMOA
- Tunisia: 39% decrease in revenue for the company Chimique Alkimia in the first half of 2026
- Ndayane Port, Senegal: DP World completes dredging works 13 months ahead of schedule
- Candidates for the position of Secretary-General of the United Nations: the detail that could change everything
- Burkina Faso: Justice cancels gold streaming contract of Franco-Nevada and Sandstorm, a judgment with repercussions for Africa
Kenya: Nedbank acquires 66% of NCBA Group for USD 794 million
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com