South Africa's Absa Group launches $238.6 million bid to raise its stake in Absa Bank Kenya to 85 percent
Billionaires Africa | 20.06.2026 11:28
South Africa's Absa Group has launched a KSh30.9 billion ($238.6 million) tender offer to raise its ownership stake in Absa Bank Kenya from 68.5 percent to 85 percent, deepening its commitment to East Africa's most competitive banking market at a time when South African lenders are aggressively expanding across the region.
