NAIROBI, July 31 (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 wobbled in a choppy session on Friday as abysmal
economic data from the United States and rising global COVID-19
cases weighed on sentiment, despite strong U.S. tech earnings and
signs of manufacturing recovery in China and Japan. MKTS/GLOB
WORLD OIL PRICES
Oil prices recovered further ground on Friday, after touching
three-week lows in the previous session, responding to a record
decline in U.S. growth as the coronavirus ravaged the world's
biggest economy and oil consumer. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand weakened more than 2% on Thursday, falling
alongside other emerging market currencies as a surge in global
coronavirus infections spooked investors fearing a return of
strict lockdowns. CRUDE OIL
Nigeria expects to comply with an oil output quota of 1.412
million barrels per day for May, June and July, the minister of
state for petroleum resources said on Thursday. Also, Royal Dutch Shell RDSA.L said on Thursday its
second-quarter writedowns include the OPL 245 licence for an
offshore oilfield in Nigeria which it holds alongside Eni
ENI.MI and which is at the centre of an ongoing corruption
court case in Italy. MARKETS
The Kenyan shilling KES= was unchanged on Thursday due to
subdued end month dollar demand from merchandise importers and
the energy sector, traders said. ECONOMY
Kenya's central bank governor said on Thursday that policymakers
still had plenty of firepower left to limit the damage to the
country's economy from the coronavirus crisis. SAFARICOM
Kenya's biggest telecoms operator Safaricom SCOM.NR has chosen
its former chief executive, Michael Joseph, as board chairman, it
said on Thursday. PETROLEUM
French energy major Total TOTF.PA has launched calls for
tenders for its Uganda onshore oil project for the next quarter
and plans to sanction the project as soon as possible, CEO
Patrick Pouyanne said on Thursday. IMF CORONAVIRUS SUPPORT
The International Monetary Fund (IMF) approved $171.9 million of
funding to Madagascar, it said on Thursday, bringing the total
COVID-19 emergency support to the country to $337.9 million as
the island nation's economy struggles due to the
pandemic. CORONAVIRUS
Botswana's capital city Gaborone returned to a two-week lockdown
from midnight on Thursday to stem the latest local coronavirus
surge in the country, an official said. PROTESTS
Zimbabwe's security forces on Thursday cleared people off streets
of the capital Harare and forced shops to close, a day before
planned anti-government protests during the worst economic crisis
in more than a decade. COAST POLITICS
Ivory Coast President Alassane Ouattara has appointed Defence
Minister Hamed Bakayoko as prime minister after his predecessor
died suddenly this month, the presidency said on
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