Dossier
Absa Group
Coverage of Absa Group in the Nexus archive.
- Absa’s Shares Tumble as a Stronger Rand Bites
Absa shares fell nearly 7% after the South African bank warned that a stronger rand and weaker Africa earnings would reduce first-half profit. The bank attributed the decline to currency and regional performance factors.
- Africa Intelligence Brief — Monday, June 22, 2026
Absa is investing capital in Kenya, Ghana has refused US funding to protect its citizens' data, and Nigeria's election is a key focus. The brief highlights business, technology, and political developments across Africa.
- 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.