NAIROBI, May 21 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Tuesday.
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GLOBAL MARKETS
Asian shares won some respite on Tuesday after Washington
temporarily eased trade restrictions imposed last week on
China's Huawei, although fears of a further escalation in
tensions kept investors on edge. MKTS/GLOB
WORLD OIL PRICES
Oil prices edged up on Tuesday on escalating tensions
between the United States and Iran and on signs that
producer club OPEC will continue withholding supply this
year. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand firmed on Monday after a sharp slide in
the previous week as a global sell-off in risk assets
slowed, with investors positioning for an event-packed week.
MARKETS
The Kenyan shilling KES= was stable against the dollar on
Monday due to ample dollar supply from diaspora remittances
and tight liquidity in the local money market, traders said.
BANKS
Five Kenyan banks have launched a lending service via mobile
phone aimed at getting credit through to the country's small
and medium-sized businesses, the central bank said on
Monday. ECONOMY
Growth in Nigeria's fragile economy slowed to 2.01% in the
first quarter as the country's dominant oil sector shrank,
the National Bureau of Statistics said on Monday.
POLITICS
Congolese opposition leader Moise Katumbi returned home from
three years in exile on Monday, one of a series of indicted
politicians cleared under the administration of new
President Felix Tshisekedi.
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