African Perspective

Africa Business Roundup - 23-27 May, 2016


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We do a round up of major business stories that came from across Africa during the week between Monday 23rd to Friday 27th May 2016.
With fuel price hike, food prices go haywire in Nigeria
MMI Holdings Limited increases its stake in United Metropolitan Nigeria Life Insurance Limited to 100%
Nigeria Sees Growth of 4% in 2017 After Reforms
Lagos Consortium Agree to Construct N844 Billion 4th Mainland Bridge
Alexandria Cement ,Egypt obtains LE150m loan from HSBC
CIB,Egypt extends SPA period for CI Capital deal till June 9
Kenyan Investors Urge President, Opposition Talk on Elections
Texton buys two property portfolios in South Africa and UK
BTG Said to Seek Sale of Stake in Petrobras, SA Joint Venture
Orange, SA Said to Mull Bid for Some Millicom Assets in Africa
The South Africa Foschini Group Paid 4.4m Pounds for U.K. Chain Whistles
Botswana Government to Sell BCL Mine to Strategic Partner
Ugandan Power Distributor Umeme Seeking Funds To Invest On Network
£2bn set aside for solar energy in Africa
Banks in Ghana struggle to mobilise deposits
Development Bank says continent far from debt crisis
Relief for Kenya's Uchumi Supermarket as six suppliers agree to withdraw
KCB, Kenya Q1 net profit up 6pc as bad debts jump
AfDB Urges African Economies to Rapidly Diversify Exports
Angola Trade Balance Remains Vulnerable to Oil Prices, BMI Says
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African PerspectiveBy Africa Business Radio