NAIROBI, Feb 12 (Reuters) - The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
Friday.
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GLOBAL MARKETS
Asian shares hovered just below a record high on Friday as mixed
U.S. economic data caused some investors to show restraint after a
global stock market rally pushed many bourses to dizzying
heights. MKTS/GLOB
WORLD OIL PRICES
Oil prices fell a second day on Friday, extending losses after OPEC
cut its demand forecast and the International Energy Agency said the
market was still over-supplied. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand soared to a one-month high on Thursday, boosted
by soft economic outlook in the United States and slightly improved
industrial data locally ahead of an address by President Cyril
Ramaphosa later in the day. CURRENCIES
Zambia's currency will likely continue trading on the back foot
against the U.S. dollar next week as Kenya's firms and Tanzania and
Uganda's hold steady. DEBT
Nigeria has approved a three-year plan to trim offshore borrowing to
30% of its total loans from 40% currently, in a bid to strengthen
domestic markets, the Debt Management office (DMO) said on
Thursday. MARKETS
Kenya's shilling KES= strengthened on Thursday on the back of
subdued demand, inflows from the agriculture sector and banks
offloading their long dollar positions, traders said. VACCINES
Kenya is going ahead with its plan to inoculate its citizens against
COVID-19 using a vaccine developed by AstraZeneca (NASDAQ:AZN) AZL.L , a senior
health ministry official said on Thursday, dismissing concerns over
its efficacy. REPUBLIC OF CONGO HEALTH
Two people have contracted Ebola and died this week in Democratic
Republic of Congo's North Kivu province, the World Health
Organization (WHO) and the health ministry said in a
statement. DEBT
Uganda projects public debt will surge to nearly half its annual
economic output by June this year, driven by fresh borrowing to fund
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