macroafricaintel Daily Brief | 5 Jan

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

Global Markets
• Asia stocks fall amid concern about Georgia senate vote
• Senate control at stake as Georgia runoff elections loom
• US FCC action to limit key social media protection increasingly unlikely
• Oil little changed as investors await OPEC+ decision
• Brent up 0.2% at $51.17, WTI up 0.3% at $47.74 (0206GMT)
• Gold eases as dollar recovers; Georgia elections in focus
• Spot gold down 0.2% at $1,938.11/oz., futures down 0.3% at $1,941.40 (0235GMT)

Key African events or data releases today
[Posts & comments at my Twitter handles @DrRafiqRaji, @macroafrica]
• OPEC+ ministers meet for 2nd day
• Ghana’s Akufo-Addo delivers state of the nation address
• South Africa’s Ramaphosa delivers ruling ANC 109th anniversary “January 8” statement in Limpopo (8 Jan)
• China’s foreign minister tours Africa (Nigeria, DRC, Tanzania, Botswana & Seychelles)
• Ghana dissolves 7th & inaugurates 8th parliament (6-7 Jan)
• Covid-19 updates by authorities across the continent

Key African events or data releases yesterday & early a.m today
Reuters
• UK scientists worry vaccines may not protect against South Africa coronavirus variant
• [Militant] branch claims responsibility for killing 2 France soldiers in Mali
• Niger mourns, probes weekend massacre in two villages
• CAR President Touadera wins re-election
• eSwatini aims to vaccinate entire population against covid-19
• South Africa’s Santam to start assessing some rejected covid-19 claims
• Parents worry as crowded Kenya schools reopen after coronavirus shutdown
• Niger village attacks killed 100, says prime minister
• Kenya extends night curfew to March to curb covid-19 spread
• CAR rebels attack and enter town before election results announced
• South Africa targets covid-19 vaccines next month but deals not yet signed

Bloomberg
• South Africa insurers may fund vaccines for broader population
• South Africa’s Eskom unprepared as generator leak accelerates nuclear shutdown
• Universal Music plans Africa expansion to tap streaming growth
• Pfizer has offered South Africa discounted covid-19 vaccines
• South Africa business says it’s considering paying for vaccines
• Nigeria says war-crimes probe hampers fight against insurgents
• South Africa’s vaccine plan draws scrutiny as funding is sought
• South Africa covid strain raises growing alarm in the UK
• Ghana’s costly wait for its post-Brexit trade deal with UK
• South Africa nabs trio with 74 kg of gold in hand luggage
• Egypt central bank extends debt relief initiative due to virus
• Egypt offers financing incentive for converting cars to natural gas
• The Big Question: Can Nigeria be saved?

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

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