NAIROBI, Aug 24 - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday.
EVENTS
Nigeria's statistics office is set to release GDP data for the second quarter of this year.
GLOBAL MARKETS
Asian shares advanced for a second straight session on Monday, underpinned by coronavirus hopes after the U.S. Food & Drug Administration (FDA) authorised the use of blood plasma from recovered patients as a treatment option.
OIL PRICES
Crude oil prices remained steady on Monday as storms closed in on the Gulf of Mexico, shutting more than half the region's oil production, although prices were capped by ongoing concerns about fuel demand being sapped by coronavirus lockdowns.
SOUTH AFRICA MARKETS
South Africa's rand was on track to clocking weekly gains on Friday as the dollar was on the defensive on worries about the health of the U.S. economy.
MARKETS
The Kenyan shilling steadied against the U.S. dollar on Friday, and traders expected the local currency to weaken in the days ahead as importers buy the greenback.
CENTRAL BANK
Zambian President Edgar Lungu on Saturday summarily dismissed central bank governor Denny Kalyalya and replaced him with Christopher Mvunga, a statement from State House said.
MINING
Mining companies and copper and cobalt buyers have been invited to a meeting in Kinshasa next week to discuss if there is a way to maintain waivers to an export ban that are meant to expire in September, the mining minister said on Thursday.
COUP
Mediators from West Africa's regional bloc reached agreement on certain points in talks with Mali's military junta that are aimed at returning the country to civilian rule, the parties said on Sunday, adding that some outstanding issues remained.
U.S. RELATIONS
U.S. Secretary of State Mike Pompeo is to visit Sudan in the coming days, Sudanese and U.S. officials said on Sunday.