African Markets - Factors to watch on November 2
NAIROBI, Nov 2 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday.
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GLOBAL MARKETS Share markets steadied in Asia on Monday as investors hoped for Apple earnings later in the day to provide some relief from AI cash-burn worries, while oil prices eased after talks continued between Iranian and Qatari mediators.MKTS/GLOB WORLD OIL PRICES Oil prices slipped more than 1% on Monday after Iranian and Qatari officials held a third straight day of talks aimed at pushing for a deal to end the US-Israeli war on Iran.O/R AFRICA STOCKS For the latest news on African stocks, click on .J SOUTH AFRICA MARKETS The South African rand was little changed in early trade on Friday as investors awaited domestic budget and trade balance data while keeping an eye on a key US trade review and next week's local government elections. GHANA - RUSSIA NUCLEAR POWER Russia has agreed to work with Ghana on developing a 2,000-megawatt nuclear power plant following talks at the Russia-Africa Summit, Ghanaian Foreign Minister Samuel Okudzeto Ablakwa said on Saturday. SENEGAL BUDGET Senegalese lawmakers on Friday rejected for a second time a revised budget that is crucial to sealing a new programme with the International Monetary Fund, according to a statement from the country's ruling party PASTEF. DEMOCRATIC REPUBLIC OF CONGO HEALTH - EBOLA The death toll from the Ebola outbreak in Democratic Republic of Congo has surpassed 5,000, government data showed on Friday, as authorities had yet to find a way to control the country's deadliest Ebola epidemic on record. ETHIOPIA SECURITY At least 15 people, several of them children, died in a series of drone strikes that hit a camp for displaced civilians in Ethiopia's Amhara region, two sources involved in a rescue operation said on Friday. KENYA MINING Engineering giant Fluor Corp FLR.N is among a group of mostly US investors vying to develop Kenya's Mrima Hill critical minerals deposit, after two Chinese companies pulled out of the process, Kenya's mining minister told Reuters on Friday.
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