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South Africa's leading financial institution Nedbank is making strategic moves to expand its presence across the African continent, aiming to compete more aggressively with established rivals in the region. The lender is putting forward an attractive premium offer to secure a controlling stake in Kenya's NCBA, signaling its commitment to penetrating East African markets. This acquisition represents a significant step in the bank's continental expansion strategy, allowing it to tap into new customer bases and strengthen its competitive position across Africa's growing financial ecosystem.