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The Nexus
BUSINESSJun 21 · 13:24 UTCTHE RIO TIMESAmina Diarra

South Africa’s Absa Bets $239 Million on Deeper Control of Its Kenyan Bank

South Africa's Absa is offering $239 million to increase its stake in Absa Bank Kenya to 85%. This move is part of a broader South African banking expansion into East Africa.

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Absa GrouporganizationAbsa Bank KenyaorganizationSouth AfricaplaceEast Africaplace$23.9 milliontopic85%topic
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