Corporate investor

Nedbank Group Limited

Compiled from public sources

Nedbank Group Limited is one of South Africa’s largest financial services providers, offering a wide range of banking and investment solutions across retail, business, corporate, and wealth segments. Headquartered in Johannesburg, the company was formed through a series of mergers and name changes tracing back to the founding of the Netherlands Bank of South Africa in 1888. Nedbank participates as a limited partner primarily through its investment arm, Nedbank Private Equity, which provides growth capital to mid-market businesses and commits to private equity funds aligned with its sector and ESG priorities. The group is publicly listed on the Johannesburg Stock Exchange (JSE) under the ticker NED.

Investment focus

Sectors
TechnologyFinancial servicesHealthcareTelecoms and digital infrastructureEnergy and power
Stages and strategies
GrowthFund investments
Regions
Northern Africa, Eastern Africa, Western Africa, Central Africa, Southern Africa

Fund commitments

Selected portfolio and direct investments

  • Frogfoot Holdings (Pty) Ltd, Vox Telecommunications Holdings (Pty) Ltd
  • NCBA Group Plc

Recent investments and transactions

DateTransactionTypeValueMarket
24 Aug 2026Frogfoot and Vox recapitalisation led by DNI Consortium and Metier InvestorsPrivate Equity, Corporate TransactionsUndisclosedSouth Africa
21 Jan 2026Nedbank Group acquires 66% stake in Kenya's NCBA Group for ZAR 13.9 billionCorporate Transactions$849.6mKenya

All transactions

Sources

  1. Partner Researchers, accessed 14 November 2026
  2. https://www.power-technology.com/news/pele-energy-nedbank-norfund/?cf-view, www.power-technology.com. Accessed 14 November 2026.