GLOBAL MARKETS
Futures and Asian stocks fought to stablise though banks
remained under pressure on Monday as a rescue deal for
Credit Suisse and a concerted effort by central banks to
restore confidence eased immediate fears of contagion. WORLD OIL PRICES
Oil prices rose on Monday after suffering their biggest
weekly loss in months as UBS struck a deal to buy Credit
Suisse and some of the world's largest central banks sought
to reassure and stabilise global financial markets. 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
The South African rand was flat on Friday after a volatile
week fuelled by fears of a global banking crisis and the
implications for monetary policy. KENYA MARKETS
The Kenyan shilling inched lower on Friday as
companies in the energy and manufacturing sectors hunted
scarce foreign currency, traders said. NIGERIA INVESTMENT
Nigeria launched a $618 million fund on Tuesday to support
tech and creative sectors for young investors who struggle
to raise capital in Africa's largest economy. DEMOCRATIC REPUBLIC OF CONGO VIOLENCE
Suspected militants killed at least 22 people in a string of
attacks across the Democratic Republic of Congo's eastern
Ituri and North Kivu provinces overnight Saturday, officials
and activists said on Sunday. DEMOCRATIC REPUBLIC OF CONGO WAR
Angola will send 500 soldiers to neighbouring Democratic
Republic of Congo to secure areas held by the M23 rebel
group after the southern African country's parliament
approved the deployment on Friday. ETHIOPIA CONFLICT
The dominant party in Ethiopia's northern Tigray region has
nominated its spokesman Getachew Reda to be president of a
regional interim administration called for in a peace deal
that ended a two-year war in the region, party-run media
reported on Saturday. GHANA AND ZAMBIA DEBT
Debt restructuring programmes in Ghana and Zambia are going
in "diverging directions" due to Zambia's larger exposure to
Chinese lenders and its weaker ability to cope with a large
amount of debt, investment bank Citi said on Friday. For the latest precious metals report click on For the latest base metals report click on For the latest crude oil report click on
NAIROBI, March 20 (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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