Joshua, 34, had previously
described a potential bout with Cameroon-born Ngannou as a “gimmick fight”.
The 37-year-old former UFC
champion only made his professional boxing debut in October, when he knocked
down Tyson Fury before losing a close decision.
Joseph Parker leads the
undercard against China’s Zhilei Zhang.
Also on the undercard is Briton
Nick Ball, who faces Rey Vargas for the WBC featherweight title in his first
world-title bout.
Former UFC heavyweight king
Ngannou stunned the boxing world last year when he sent the undefeated Fury to
the canvas with a left hook.
The 35-year-old Briton with
Nigerian ancestry, who recovered to win the 10-round bout by split decision,
will fight Oleksandr Usyk on 17 February for the right to become the first
undisputed heavyweight champion since 1999.
Fury is the WBC champion, with
Ukraine’s Usyk, 36, holding the WBA, WBO and IBF belts.
Saudi organisers were intent on
hosting Joshua v Deontay Wilder on 9 March, but the American’s points defeat by
Parker on 23 December scuppered those plans.
Joshua stopped Otto Wallinon
the same card and organisers were determined to find a bout for the Watford
fighter on the same weekend the Wilder showdown had been pencilled in for.
Joshua v Ngannou will take
place on a Friday to avoid a clash with the Saudi Arabian Grand Prix which is
due to be held in Jeddah on Saturday, 9 March.
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