Tag: Absa

Absa Group targets additional 16.5% stake in Absa Kenya in $240 million deal

Absa Group will spend $240 million to lift its stake in Absa Kenya to 85%, intensifying East Africa banking competition with Nedbank-NCBA deal.

Feyisayo Ajayi Feyisayo Ajayi

Absa expands in East Africa as Uganda approves Standard Chartered deal

Uganda approves Absa deal for Standard Chartered retail unit, reshaping banking in East Africa amid sector consolidation.

Oluwatosin Alao Oluwatosin Alao

NTT DATA renews Absa deal to advance digital finance across Africa

Africa’s banking sector is steadily moving toward modern financial systems as lenders invest in technology to manage operations more efficiently. From cloud platforms to integrated finance software, banks are upgrading core systems to improve reporting, strengthen compliance and gain faster access to reliable data.  The shift reflects broader changes across the continent’s financial industry. As competition grows and regulations tighten,…

Oluwatosin Alao Oluwatosin Alao