macroafricaintel Daily Brief | 28 Dec

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

Global Markets
• Trump signs pandemic aid bill under pressure; global shares up, dollar indifferent
• Big tech bets and crypto power 2020’s top US funds
• Oil trims losses after Trump signs aid bill; demand concerns linger
• Brent down 0.5% at $51.04, WTI down 0.4% at $48.04 (0700GMT)
• Gold gains 1% as Trump signs stimulus bill
• Spot gold up 1% at $1,895.03/oz., futures up 0.8% at $1,899.10 (0145GMT)

Key African events or data releases today
[Posts & comments at my Twitter handles @DrRafiqRaji, @macroafrica]
• Holiday week 2
• Zambia’s Lungu receives report on 23 Dec. police killings of govt lawyer & HH supporter
• South Africa balance of trade Nov-20 [prev. ZAR36.1B]
• Vote-counting begins in 27 Dec. Niger & CAR elections
• Covid-19 updates by authorities across the continent

Key African events or data releases over the weekend & early a.m today
Reuters
• Ethiopia police arrest Reuters cameraman
• Sudan deploys troops in South Darfur after tribal violence – report
• Sudan taking control of land on border with Ethiopia – minister
• South Africa total covid-19 cases cross 1 million mark
• Uganda’s Bobi Wine says bodyguard killed by police who deny charge; 3 reporters hurt
• Niger votes in search of first democratic transition
• CAR votes ‘massively’ amid sporadic rebel gunfire
• UN peacekeepers killed in CAR before election
• Deadly fire hits Egypt hospital treating covid patients – sources, media
• Death toll from attack in western Ethiopia reaches 222, Red Cross says
• At least 15 dead in delays at South Africa-Zimbabwe border – TV news
• 7-year old boy who adores Elon Musk is sensation on Uganda aviation scene
• Mali opposition leader and presidential hopeful Cisse dies
• Ethiopia says national election to be held in June
• Ethiopia military kills 42 people involved in deadly attack – Fana TV
• Judge orders detention of Tunisia media magnate Karoui
• At least 20 die as migrant boat sinks off Tunisia
• Nigeria school abductions sparked by cattle feuds, not extremism, officials say
• Eritrea reports first covid-19 death – information ministry
• Powerful business lobby replaces ally of ex-Congo president Kabila
• Gunmen kill more than 100 in attack in Ethiopia’s Benishangul-Gumuz region

Bloomberg
• South Africa mulls reinstating alcohol ban as virus cases surge
• South Africa reports more than 1 mln cases of covid-19
• Ghana opposition party plans legal challenge to election results
• Niger set for first democratic transition Issoufou steps down
• Egypt’s Cleopatra said near deal to merge with Alameda Health
• Ethiopia to hold elections June 5 after vote delay due to virus
• Soumaila Cisse, Mali politician who was held hostage, dies at 71
• South Africa rejects UK claims over new coronavirus variant
• Mozambique troops fight off attack near $20 bln LNG project
• Egypt holds interest rates as new virus strain prompts caution
• Kenya doctors end strike after state’s pledge on virus concerns
• South Africa-Zimbabwe: Delays leaves commuters stranded at Africa’s busiest border
• Bidders listed for South Africa’s emergency electricity program
• Labor groups accept South Africa airline pay settlement paving way for revival
• Former Tunisia presidential candidate Karoui ordered detained
• Shell oil site seized by Nigeria state over unpaid damages
• Guinea tightens measures for UK, South Africa travelers on virus
• Vodafone Egypt to launch nano lending with Bank of Alexandria
• Egypt’s military companies aren’t going anywhere
• South Africa health minister urges review of virus restrictions
• More than 100 people killed in western Ethiopia in latest attack
• Israel and Morocco sign deal to promote financial collaboration
• Two shot dead as Zambia police break up opposition gathering

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.