Investment
Nedbank NCBA takeover builds East Africa banking scale
The Nedbank NCBA takeover reached completion on 19 October 2026, giving South Africa’s Nedbank a 66% controlling stake in Kenya’s NCBA Group and an immediate pan-African banking platform in a deal initially valued at approximately R13.9 billion. A regional platform built overnight Nedbank funded the acquisition…
FurtherAfricaBy FurtherAfrica
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Read at FurtherAfrica →Original headline: “Nedbank NCBA takeover builds East Africa banking scale”
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