BANKING INSTITUTIONS

Nedbank Group, one of South Africa’s largest banking institutions, has entered into a binding agreement to acquire 100% of iKhokha, a

Kenya’s two largest lenders, KCB Bank Group and Equity Group, have delivered record-breaking half-year results, cementing their dominance in East Africa’s

KCB Bank Group has posted an 8% rise in net profit for the first half of 2025, reaching KSh 32.3 billion.

Equity Group is widening its revenue streams beyond traditional banking, with its insurance business emerging as a strong contributor to earnings

Stanbic Bank Kenya has reported a 9% decline in profit after tax for the first half of 2025, falling to Ksh

Ecobank Transnational Incorporated (ETI), the parent company of the pan-African Ecobank Group, has exited the Mozambican market following the sale of

South Africa’s Nedbank Group has announced plans to divest its 21.2% stake in Ecobank Transnational Incorporated (ETI), concluding a 17-year partnership

The Arab Bank for Economic Development in Africa (BADEA) and the Government of Uganda have signed two Facility Agreements amounting to