ETI Sells Stake In Mozambique SA Arm As Nedbank Plans Exit

Ecobank Transnational Incorporated (ETI) has announced that it will be divesting its stake in Ecobank Mozambique S.A.(EMZ) to FDH Bank PLC, a Malawian bank, this is as South African lender, Nedbank Group Limited plans to sell its stake in the pan African bank. Nedbank’s Chief Executive, Jason Quinn had announced that the bank plans to

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