NAIROBI, Jan 13 (Reuters) - The following debt and currency market moves and political events may affect African markets on Tuesday.
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GLOBAL MARKETS A surge in Japanese shares led Asia higher on Tuesday amid investor bullishness over all things AI, while the cloud of uncertainty over Federal Reserve independence favoured gold even as it weighed on the dollar.MKTS/GLOB nL4N3YD1XU WORLD OIL PRICES Oil prices edged higher on Tuesday, as heightened concerns surrounding Iran and potential supply disruptions outweighed the prospect of increased crude supply from Venezuela.O/R nL4N3YD1RM 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 gained on Monday, helped by gold prices reaching another record high.nL8N3YD05N WEST AFRICA OIL West African crude oil differentials were stable as traders assessed a market still weighed down by high freight costs.nL8N3YD1L2 UGANDA COFFEE Uganda's coffee exports jumped 60.3% in November compared with the same month a year earlier, helped by a bountiful harvest in some parts of the country, the agriculture ministry said in a report.nL8N3YD03U SOMALIA-UNITED ARAB EMIRATES RELATIONS Somalia's government said on Monday it is annulling all agreements with the United Arab Emirates, including port deals and defence and security cooperation, accusing the UAE of undermining its national sovereignty.nL8N3YD1KB GHANA DEBT Ghana's government paid $1.47 billion in 2025 to clear legacy energy sector debts, restoring a depleted World Bank guarantee and settling arrears with power producers, the West African nation's finance ministry said on Monday.nL8N3YD09E IVORY COAST COCOA Cocoa arrivals at ports in top grower Ivory Coast reached 1.125 million metric tons by January 11 since the start of the season on October 1, down 2.8% from the same period a year earlier, exporters estimated on Monday.nL8N3YD0PC DEMOCRATIC REPUBLIC OF CONGO MINERALS Congo’s state miner Gecamines said on Monday it had exercised its right to buy 100,000 tonnes of copper from Chinese company CMOC’s 603993.SS Tenke Fungurume (TFM) mine this year.nL4N3YD12H NIGERIA SECURITY Schools across parts of northern Nigeria started reopening on Monday, after months of closure triggered by the abduction of hundreds of students in November.nL6N3YD0MB GAMBIA GENOCIDE Gambia on Monday told judges at the United Nations' top court that Myanmar targeted minority Muslim Rohingya for destruction and made their lives a nightmare in a landmark case accusing Myanmar of genocide.nL6N3YD0DW 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 |
(Compiled by Nairobi Newsroom)
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