{"id":493456,"date":"2026-07-21T21:24:25","date_gmt":"2026-07-21T21:24:25","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/07\/21\/kenya-nedbank-acquires-66-of-ncba-group-for-usd-794-million\/"},"modified":"2026-07-21T21:24:31","modified_gmt":"2026-07-21T21:24:31","slug":"kenya-nedbank-acquires-66-of-ncba-group-for-usd-794-million","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/07\/21\/kenya-nedbank-acquires-66-of-ncba-group-for-usd-794-million\/","title":{"rendered":"Kenya: Nedbank acquires 66% of NCBA Group for USD 794 million"},"content":{"rendered":"<p>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&#8217;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... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2026%2F07%2F21%2Fkenya-nedbank-acquires-66-of-ncba-group-for-usd-794-million%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>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&#8217;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&#8230;... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2026%2F07%2F21%2Fkenya-nedbank-acquires-66-of-ncba-group-for-usd-794-million%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":527297,"featured_media":493462,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/07\/21\/kenya-nedbank-acquiert-66-de-ncba-group-pour-794-millions-usd\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,12000,11996,12038],"tags":[],"class_list":["post-493456","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bank","category-banks-insurance","category-finance-en","category-premium-en","pmpro-level-required","pmpro-level-1","pmpro-level-3","pmpro-level-4","pmpro-level-5","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kenya: Nedbank acquires 66% of NCBA Group for USD 794 million - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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