Nedbank bids $856m for control of Kenya’s NCBA in East Africa push

TechCabal | 22.01.2026 02:40
Nedbank Group, one of South Africa’s largest banks with over 8 million customers, has offered to buy a controlling stake in Kenya’s National Commercial Bank of Africa (NCBA) Group in a cash and stock transaction valued at $855.5 million, accelerating its push into East Africa.