The launch of the Sh106.3 billion Kenya Pipeline Company (KPC) IPO and South African lender Nedbank’s Sh109.9 billion offer for a 66 percent stake in NCBA Group have helped the Kenyan capital market continue the recent deals momentum that yielded transactions worth more than Sh700 billion in 2025.
Nedbank announced its bid for a controlling stake in NCBA on Wednesday, which will be executed through a cash and stock compensation plan.