African markets factors and outlook Feb. 13, 2018

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The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect African markets on Tuesday.
    - - - - -
 EVENTS:
 UGANDA - The central bank sets its benchmark lending rate at
 about 0800 GMT. The bank held the rate at 9.5 percent in
 December.
 
 GLOBAL MARKETS
 Asian stocks pulled further away from two-month lows on
 Tuesday, lifted by Wall Street's extended rebound from last
 week's steep fall, but investors remained cautious ahead of
 U.S. inflation data later in the week.
            
 
 WORLD OIL PRICES
 Oil prices rose on Tuesday, lifted by a rebound in global
 stock markets that followed sharp falls last week.    
 
 SOUTH AFRICA MARKETS
 South Africa's rand slipped against the dollar in early
 Asian trade on Tuesday on reports the African National
 Congress party executive committee had decided to "recall"
 or remove President Jacob Zuma as head of state.
             
 
 NIGERIA MARKETS
 Nigerian stocks shed 1.5 percent on Monday in late trades to
 drop to one month low as investors sold off shares from the
 relatively liquid banking sector.
             
 
 NIGERIA CURRENCY
 Nigeria's central bank said on Monday it had injected $210
 million into the interbank foreign exchange market, part of
 an effort to improve liquidity and alleviate the dollar
 shortages of the past few years.
             
 
 KENYA MARKETS
 The Kenyan shilling KES= edged up against the dollar on
 Monday, remaining close to its highest level in more than 19
 months, mainly due to portfolio flows and reduced political
 risk.
                 
 
 KENYA DOLLAR BOND   
 Fitch Ratings has assigned Kenya's upcoming senior unsecured
 USD-denominated notes an expected rating of 'B+(EXP)'.
             
 
 ZAMBIA FUEL PRICES
 Zambian fuel prices will increase from midnight on Monday
 due to rising international oil prices and the depreciation
 of the kwacha, the energy regulator said.
               
 
 ANGOLA FOREIGN EXCHANGE  
 Angola's central bank said on Monday it was the sole
 responsibility of commercial banks to sell foreign currency
 to the public and that it would sell Foreign exchange only to large
 importers of essential goods.