NAIROBI, Dec 5 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday.
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GLOBAL MARKETS Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise subdued Asian session, after weaker-than-expected spending data underscored the scourge of inflation as bets grew that the Bank of Japan would hike interest rates. MKTS/GLOB nL4N3XB04D WORLD OIL PRICES WTI oil prices were heading for weekly gains of close to 2% in early trading on Friday, supported by an expected Federal Reserve interest rate cut, escalating U.S.-Venezuela tensions and stalled peace talks in Moscow. O/R nL6N3XB000 EMERGING MARKETS For the top emerging markets news, double click on nTOPEMRG AFRICA STOCKS For the latest news on South African stocks, click on .J SOUTH AFRICA MARKETS The South African rand firmed on Thursday as the government began selling dollar-denominated eurobonds for the first time since 2024 when it raised $3.5 billion. nL1N3XA0IM RWANDA DEMOCRATIC REPUBLIC OF CONGO WAR U.S. President Donald Trump gathered the leaders of the Democratic Republic of Congo and Rwanda to sign a peace deal in Washington on Thursday even as fighting continued in their war-scarred region. nL6N3XA0X0 NIGERIA ENERGY Nigeria has approved the payment of 185 billion naira ($128 million) in longstanding debts owed to gas producers for supplies to power generators, aiming to restore confidence in the energy market and improve electricity supply. nL8N3XA1VV SENEGAL IMF SUPPORT The International Monetary Fund said on Thursday it had made "significant progress" with Senegal toward a new loan programme while the Fund continued an internal investigation into how it failed to detect billions of dollars in unreported debt. nL6N3XA0W2 SENEGAL DEBT An external debt restructuring in Senegal is "increasingly likely" in the second half of 2026, Bank of America Global Research said in a note published on Thursday. nL1N3XA0BY BOTSWANA RATES Botswana's central bank kept its main interest rate unchanged on Thursday, citing continued weakness in the diamond sector and its expectation that inflation will be within its objective range in the medium term. nL8N3XA0MV KENYA EQUITIES Kenya is selling a 15% stake in telecom operator Safaricom to South Africa's Vodacom in a deal worth about $1.6 billion, the companies and the finance minister said, as the government seeks to raise cash by offloading some state assets. nL8N3X927N For the latest precious metals report click on GOL/ For the latest base metals report click on MET/L For the latest crude oil report click on O/L |
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