*Tanzania's and Mauritius' statistics offices are due to release their respective consumer inflation data for January.
GLOBAL MARKETS
Asian equities rose, while the dollar wobbled on Wednesday
after less hawkish than feared comments from Federal Reserve
Chair Jerome Powell boosted risk appetite and investor hopes
that the central bank may soon ease monetary
policy. WORLD OIL PRICES
Oil prices rose early on Wednesday, extending gains from the
previous two days, as the dollar fell after Federal Reserve
Chair Jerome Powell sounded less hawkish on interest rates
than markets had expected and as U.S. crude stocks
surprisingly fell. EMERGING MARKETS
For the top emerging markets news, double click on AFRICA STOCKS
For the latest news on African stocks, click on SOUTH AFRICA MARKETS
South Africa's rand inched higher against the dollar on
Tuesday ahead of a speech by Federal Reserve Chair Jerome
Powell that could provide further clues on the U.S. interest
rate hike path. KENYA MARKETS
Kenya's shilling weakened on Tuesday to a new
all-time low, undermined by increased dollar demand from
manufacturers and oil-retailing companies, traders
said. KENYA BUDGET
Kenya's finance ministry has tweaked its spending and budget
deficit estimates for the current fiscal year that ends in
June to show a slight increase in overall expenditure but a
narrower deficit. KENYA POWER
Kenya's sole power distributor Kenya Power aims to
convert its 2,000 petrol and diesel-driven vehicles to
electric over the next four years, it said on
Tuesday. GABON MINING
Australia's Fortescue Metals Group has entered into
a deal with the Gabonese government for the Belinga iron ore
project located in the West African nation and plans to
begin mining in the second-half of 2023, the company said on
Wednesday. GHANA DEBT
Ghana has extended the deadline to register for its domestic
debt exchange programme to Feb. 10, after some bondholders
experienced "technical glitches" while completing the
process, the finance ministry said in a statement on
Tuesday. ANGOLA MINING
Angola will seek a foreign listing for state-owned diamond
miner Endiama after an initial public offering at home, its
mines minister said, even as the company's operations are
affected by links with sanctions-hit Russian miner
Alrosa. For the latest precious metals report click on For the latest base metals report click on For the latest crude oil report click on (Compiled by Nairobi Newsroom)
