July 9 (Reuters) - The following company announcements,
scheduled economic indicators, debt and currency market moves
and political events may affect African markets on Thursday.
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GLOBAL MARKETS
Asian equity markets ground higher as investors tried to
look past gathering Sino-U.S. tension and renewed
coronavirus lockdowns to upcoming company earnings, hoping
that global stimulus efforts will yield upbeat
outlooks. MKTS/GLOB
WORLD OIL PRICES
Oil prices drifted lower on Thursday as concerns about
renewed COVID-19 lockdowns in the United States outweighed
signs of a recovery in U.S. gasoline
demand. O/R
EMERGING MARKETS
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SOUTH AFRICA MARKETS
South Africa's rand firmed on Wednesday as the dollar fell,
although a resurgence of new coronavirus cases globally and
fresh evidence of the weakness of the local economy kept
sentiment cautious. MARKETS
Nigerian naira resumed trading on the official market at 381
to the dollar after no quotes for two straight sessions, as
the central bank unified the country's multiple exchange
rates. MARKETS
The Kenyan shilling KES= was seen under pressure on
Wednesday due to an uptick in dollar demand as businesses
reopened following the recent lifting of domestic movement
restrictions designed to combat the COVID-19 pandemic,
traders said. KENYA TRADE
Kenya and the United States formally launched negotiations
on Wednesday for a bilateral trade pact that the two
economies hope could serve as a model for additional
agreements across the African continent. GAS
French oil major Total TOTF.PA has secured $15.8 billion
in funding for its massive liquefied natural gas (LNG)
project in northern Mozambique, according to South African
lender FirstRand's FSRJ.J local unit, FNB
Mozambique. IVORY COAST PRIME MINISTER
Amadou Gon Coulibaly, Ivory Coast's prime minister and its
ruling party's candidate for the October presidential
election, has died, President Alassane Ouattara said on
Wednesday, adding that the country was mourning.
AFRICA CORONAVIRUS
The shortage of reliable data afflicts many African nations,
with some governments reluctant to acknowledge epidemics or
to expose their crumbling health systems to outside
scrutiny. Other nations simply cannot carry out significant
testing because they are so ravaged by poverty and
conflict. CORONAVIRUS
Congo's deputy health minister has accused cabinet members
of receiving kickbacks on government contracts for the
coronavirus response while health workers went unpaid for
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