The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday.
GLOBAL MARKETS
Asian equities were set to open higher on Thursday after stronger U.S. economic data and the prospect of additional U.S. stimulus prompted sharp, and broader, gains on Wall Street, while the dollar extended its upward move.
WORLD OIL PRICES
Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19 pandemic was lagging.
SOUTH AFRICA MARKETS
A stronger dollar and domestic economic and political risk weighed on South Africa's rand, which on Wednesday gave back some of the gains from the previous session.
MARKETS
Nigeria's central bank has sold around $50 million to foreign investors on the spot and forward markets, in what the bank called a test trade to gauge the level of dollar demand on the currency market, traders said on Wednesday.
MINING
Nigeria aims to have 50 mines in operation by 2023 and can make up for time lost because of the impact of COVID-19 on development of the nascent sector, the country's mining minister said in an interview.
MARKETS
The Kenyan shilling was stable against the dollar on Wednesday but traders said it was still susceptible to lower supplies of hard currencies.
BANKING
Mauritius' central bank has revoked the banking licence of Century Banking Corporation Ltd, it said on Wednesday, without stating the reasons for the move.
INFLATION
Ethiopia's statistics office said on Wednesday that inflation fell to 20% in August, from 22.3% in the previous month.
ETHIOPIA AID
The United States has decided to cut $100 million in aid to Ethiopia amid a dispute with Egypt and Sudan over a dam Ethiopia is building on the Nile, a congressional source told Reuters on Wednesday.
POLITICS
Mali's ousted President Ibrahim Boubacar Keita was hospitalised in the capital Bamako on Tuesday evening for an overdue check-up with his doctor, a source said, six days after he was released from detention by the country's new military leadership.
PROTESTS
A Zimbabwe opposition politician and a journalist detained for more than a month on suspicion of planning anti-government protests over corruption and the worst economic crisis in more than a decade were released on bail on Wednesday.