The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.
GLOBAL MARKETS
Asian share markets opened slightly higher on Tuesday buoyed by the prospect of a COVID-19 vaccine, reversing the previous day's dips as investors took profits at the end of a record-breaking month.
WORLD OIL PRICES
Oil edged lower on Monday on uncertainty about whether the world's major oil producers would agree to extend its deep output cuts at talks this week.
AFRICA DEBT
Ivory Coast, Ghana and Kenya may all tap international debt markets in 2021, Fitch Ratings said, as investor sentiment towards the region improves after the former's recent 1 billion euros ($1.2 billion) issue.
AFRICA MARKETS
South Africa's rand weakened around 1% on Monday, recording a third straight session of losses, as investors continued to take profits from last week's rally, while mixed domestic economic data also kept the currency on the back foot.
MARKETS
The Nigerian naira hit 500 per dollar on the black market on Monday to fall to a more than three-and-half-year low, traders said.
MARKETS
Kenya's shilling (KES=) weakened on Monday due to demand for dollars across sectors, the bulk of which came from manufacturing, traders said.
INFLATION
Kenya's inflation KECPI=ECI rose to 5.46% year-on-year in November from 4.84% a month earlier, the statistics office said on Monday.
CONFLICT
Ethiopia's Prime Minister Abiy Ahmed lauded his troops on Monday for ousting a rebellious northern movement, but the leader of Tigrayan forces said they were still resisting amid fears of a protracted guerrilla conflict.
POVERTY
Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that U.S.-based Hershey runs in their countries, accusing the chocolatemaker of trying to avoid paying a cocoa premium aimed at combating farmer poverty.