macroafricaintel Daily Brief | 23 Oct

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji, @macroafrica

Global Markets
• Asian stocks set for slight gains after Wall Street ends higher
• Oil steady as Russia holds out prospect of output cut extension
• Brent off 1 cent at $42.45, WTI down 2 cents at $40.62 (0040GMT)
• Gold eases as dollar firms; US election debate in focus
• Spot gold down 0.1% at $1,902.57/oz., futures little changed at
$1,904.80 (0110GMT)

Key African events or data releases today
[Posts & comments at my Twitter handles @DrRafiqRaji, @macroafrica]
• Easing of curfew in Nigeria’s Lagos expected
• Ghana ruling NPP’s Akufo-Addo & NDC’s Mahama on the campaign trail
• South Africa state capture inquiry continues
• Covid-19 updates by authorities across the continent

Key African events or data releases yesterday & early a.m today
Reuters
• Mali army liberates village besieged by militants: army statement
• Guinea President Conde wins re-election in landslide: preliminary results
• Guinea opposition candidate to contest election result in court: spokesman
• Kenya documentary spotlights activist torn between family and the struggle
• Six killed in Ivory Coast town ahead of presidential election
• Nigeria’s president urges end to protests but remains silent on
demonstration shooting
• Afreximbank ready to raise up to $5 bln for Covid-19 vaccines for
Africa: CDC head
• Pro-Sisi party set to lock in control as Egypt heads to polls
• Refusing to wear a mask in Ethiopia could cost you two years in jail
• US urges restraint after shooting of protesters in Nigeria
• Mali’s ousted president returns home after treatment abroad
• Botswana approaches World Bank for budgetary support
• South Africa’s Clicks Group aims to sell Covid-19 vaccine once
country gets access
• South Africa’s cabinet approves export on chrome ore
• S&P cuts Zambia credit rating to “selective default”
• Nigeria president appeals for calm after soldiers fire at protesters
• Guinea president retains election lead as protests turn deadly

Bloomberg
• Nigeria president urges end to protests, warns state will act
• Zimbabwe capital shutters main water plant on chemical shortage
• IMF names representative to Zambia in sign of thawing ties
• Africa to fall behind world growth as region faces slow recovery
• Eritrea president accused of crimes against humanity in Sweden
• Guinea’s President Conde leads vote count as tension rises
• Ivory Coast mulls talks between election rivals ahead of vote
• Congo Republic plans to settle domestic debt ahead of 2021 vote
• South Africa sounds alarm over resurgence in virus cases
• Anglo American’s mining output bounces back after lockdowns
• Sudan set to normalize ties with Israel, report says
• Nigeria protest death toll surges after authorities clamp down
• S&P cuts Zambia to default after eurobond payment missed

N.B. Full stories of above headlines are available on Reuters & Bloomberg

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s