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Nedbank’s Exit Opens Door For Alain Nkontchou’s Deeper Role In Ecobank

Cameroon Online.16/08/25 1282

CameroonOnline.ORG | South Africa’s Nedbank Grouphas taken a decisive step in reshaping its regional strategy by selling its 21.2 percent stake in Ecobank Transnational Incorporated (ETI) for $100 million. The buyer, Bosquet Investments, is controlled by Alain Nkontchou, a financier with longstanding ties to Ecobank as a former chairman and board member. The deal, expected …

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