NAIROBI, Aug 21 - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday.
GLOBAL MARKETS
Asia's stock markets bounced on Friday following Wall Street's lead, but were set for their softest week in about a month as investors grapple with tepid economic data and lofty valuations after a huge rally that has wiped out coronavirus losses.
WORLD OIL PRICES
Oil prices rose in early trade on Friday, on track for a third straight week of gains, buoyed by major oil producers' efforts to hold back output amid concerns about the economic recovery from the coronavirus pandemic.
SOUTH AFRICA MARKETS
The South African rand weakened on Thursday as the U.S. dollar rebounded after less dovish than expected minutes from last month's U.S. Federal Reserve policy meeting.
MARKETS
The Kenyan shilling strengthened on Thursday on the back of slowing demand from buyers in sectors like energy and manufacturing, traders said.
NIGERIA TRAVEL
Nigeria will blocks flights from countries that do not allow Nigerian flights to land due to coronavirus restrictions, Aviation Minister Hadi Sirika said on Thursday.
NIGERIA REVENUES
Nigeria's gross revenues rose to 676.41 billion naira in July from 653.35 billion naira in June due to higher crude oil sales and tax receipts, accountant general Ahmed Idris said.
IVORY COAST COCOA
The world's two largest cocoa producers, Ivory Coast and Ghana, have created a joint body to improve coordination in research, price setting and the fight against child labour, the Ivorian government said on Thursday.