Tag: Absa

Absa named custodian of South Africa’s Government pension fund
BusinessHot News

Absa named custodian of South Africa’s Government pension fund

Absa has been appointed master custodian of South Africa’s $217 billion GEPF, expanding its role in the country’s institutional investment market.

Oluwatosin Alao Oluwatosin Alao
Absa Group, South Africa’s third-biggest lender.
BusinessHot News

Absa weighs Angola return, targets Nigeria banking license

Absa is weighing an Angola return and Nigeria merchant banking license as it seeks broader growth across Africa.

Timilehin Adejumobi Timilehin Adejumobi
Namibia opens silver investment to local investor through Stock Exchange
BillionairesGlobal News

Namibia opens silver investment to local investor through Stock Exchange

Namibia opens silver investment to local investors through the NSX, giving investors access to global silver prices without owning physical metal.

Oluwatosin Alao Oluwatosin Alao
Absa
BusinessHot News

Absa partners with EasyEquities to expand digital investing    

Absa EasyEquities partnership brings digital investing to 12 million bank customers through the Absa app from September 2026.

Timilehin Adejumobi Timilehin Adejumobi
BYD eyes South Africa battery plant as EV push gains pace across Africa
BusinessHot News

BYD eyes South Africa battery plant as EV push gains pace across Africa

BYD is exploring a South Africa battery plant as it expands EV sales, dealership growth and local manufacturing backed by new financing and policy support.

Oluwatosin Alao Oluwatosin Alao
Absa Kenya stake increase
BusinessHot News

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
BusinessHot News

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
Absa renews and expands partnership with NTT DATA to strengthen its financial systems across Africa.
BusinessTechnology

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