African Perspectives

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