Central Africa: Cameroon’s Alain Nkontchou Buys Nedbank’s Stake in Ecobank for $100m

• Ecobank Transnational Incorporated (ETI) has said that South Africa’s Nedbank will sell its 21.22% stake in the group to Bosquet Investments
• The transaction, subject to regulatory approval, is expected to close in the fourth quarter of 2025
• Bosquet’s acquisition strengthens Alain Nkontchou’s longstanding ties to Ecobank, where he served as chairman from 2020 to 2024

Ecobank Transnational Incorporated (ETI) has said that South Africa’s Nedbank will sell its 21.22% stake in the group to Bosquet…